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TeachMeFinance.com - explain Gasoil Gasoil The term 'Gasoil' as it applies to the area of energy can be defined as ' European and Asian designation for No. 2 heating oil and No. 2 diesel fuel'. Previous 5 Terms: Gases Gasification gasiform Gasohol Gasohol Next 5 Terms: Gasoline blending components Gasoline grades Gasoline motor, (leaded) Gasoline treated as blendstock (GTAB) gasometer About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.