Daily Settlement, the weighted average price of trades during a two minute settlement period from 16:28:00, London time.Iran ready to export 56mln liters of kiln oil, gasoil a day next year.

Quantity and quality is verified by one Exchange approved inspector selected from two nominated by the buyer.Definitions, the term used in Europe to refer.

Gasoil futures are traded on the International Petroleum Exchange in London.Settlement Price"tion, twenty-Five cents (0.25) per metric tonne.