Obtained by the fractional distillation of petroleum, gasoil is an oil distillate, which stands between lubricating oil and kerosene by its viscosity and boiling range. It is widely used as the heating oil and diesel fuel. The product produces 12% higher power than gas, however, it is not so explosive. In general, gasoil is derived from petroleum and its boiling range is higher than the boiling range of gasoline. Get real-time data on the gasoil prices at Capital.com.