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Gas Oil introduction and background |
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Gas oil, also known as diesel fuel, is a type of refined petroleum product used as a fuel for diesel engines in various applications, including transportation, industrial machinery, and power generation. It is a critical component in the global energy landscape and plays a significant role in supporting transportation and industrial activities.
The demand for gas oil is substantial, particularly in the transportation sector, where diesel engines power trucks, buses, trains, ships, and other heavy machinery. It is known for its high energy density, making it an efficient and reliable fuel source for various applications, and is relatively easy to store and transport.
As a commodity, gas oil is traded in international markets and its price is influenced by various factors, such as global demand and supply dynamics, crude oil prices, refining capacity, geopolitical events, and environmental regulations. Both hedgers and speculators are involved in this market.
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ADS Securities LLC (“ADSS”) is authorised and regulated by the Securities and Commodities Authority (“SCA”) in the United Arab Emirates as a trading broker for Over the Counter (“OTC”) Derivatives contracts and foreign exchange spot markets. ADSS is a limited liability company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047) and has its principal place of business at 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates.
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