Oily Rag 

An 'oily rag' is a cockney slang for a fag, AKA cigarette. You could smoke an 'oily rag', for example.

New inforced laws mean I can only smoke my oily rag outside.

Oily Rag by Kervik July 1, 2009

oily rag 

a cigarette, or the act of smoking one

I'm going downstairs for an oily rag and a dump.

oily rag by digiguru July 4, 2008

oily rag 

Slang term; meaning slag

Vicky Butterworth is such an oily rag

oily rag by Chris Bartlett October 2, 2005