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residual oil

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residual oil  
n.  The low-grade oil products that remain after the distillation of petroleum, used in adhesives, roofing compounds, and asphalt manufacture.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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residual oil

noun
oil products that remain after petroleum has been distilled 
WordNet® 3.0, © 2006 by Princeton University.
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