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refined oil

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refined oil [ri′fīnd ′ȯil]
(materials)
A class of petroleum oil used for home lighting and cooking purposes. Also known as burning oil.


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Tasweeq is a separate government-owned firm created in July 2007 to market all Qatari refined oil products, LPG and condensate.
This is the second price reduction of Chinese refined oil in 2009, and also the first reduction of refined oil price after the publication of the new price adjustment mechanism.
International crude oil prices will have the biggest impact on the two companies' business performance, but other factors, such as domestic refined oil prices and windfall taxes will also play a role, said Liu Gu, analyst of Guotai Jun'an Securities.
 
 
 
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