Gasoil(Diesel Fuel)

A middle distillate and form of heating oil, gasoil is primarily used in heating and air-conditioned systems.  Gas oil is one of the most actively traded oil products, and comes between fuel oil and the lighter products such as naphtha and gasoline. In its broader definition, it covers the oil products used for diesel automotive fuel and jet fuel.

Gas oil is also used in industries for various applications such as power generation or as a fuel in boilers, machinery and other applications is expected to fuel the demand for gas oil. Growth in disposable income along with increasing number of vehicle especially in the Asia Pacific is expected to upsurge the demand for the gasoil.