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This brand name is ideal for a company in the retail or e-commerce sectors.
The name "LoOil" has only five letters and just two syllables. Two syllable names make popular global brands. Established brands using two syllable names include Walgreens, Lego and Hilton.
This domain was first registered in May 2015. Older domains have an advantage when ranking in search engines.
Looil.com is a .com domain. Dot com is the most valued domain extension. A .com is the first thing people think of when they think of a website.
One suggestion for how this name could sound when used.