Low Sulphur Gasoil (Expiring Future)

GasOil, also known as diesel fuel, is a refined petroleum product derived from crude oil that serves as a middle distillate fuel. It is a widely traded energy commodity, used in its futures form for hedging against price fluctuations in the global fuel markets. The main use of GasOil is as a fuel for transportation, powering diesel engines in trucks, trains, and ships globally. Additionally, it is a key heating source in residential and commercial buildings, especially in cooler climates. Crude oil prices, the seasonal demand for heating and transportation fuel, and refinery output all play a significant role in determining the market price of GasOil. Stay up to date on the price of GasOil.FUT by adding it to your eToro watchlist.