Trading conceptsgasoil
Gasoil
A middle distillate, primarily diesel fuel and heating oil, traded against MOPS/Platts benchmarks.
Gasoil is the umbrella term for middle distillates — diesel fuel, heating oil, marine gasoil. Typical sulphur specs: 10 ppm (ULSD, EN590), 500 ppm (low-sulphur), or higher for marine.
MOPS Gasoil and Platts Cargoes Gasoil NWE are the dominant physical benchmarks.
Frequently asked
- What does Gasoil mean in oil and commodity trading?
- A middle distillate, primarily diesel fuel and heating oil, traded against MOPS/Platts benchmarks.
- How do I check a counterparty that uses Gasoil in a deal?
- The term itself is not enough to clear or condemn a deal. What matters is the counterparty behind the pitch. Screen that name for free against 8 sanctions lists plus PEP and OilFlow's first-party cluster corpus in seconds, or order the full 7-step dossier for $25, and confirm identity documents and banking details independently before you transact.
See also