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yes, butter can be used instead of margarine (the term oleo is archaic)
Margarine or oleo.
Ghee and oleo.
Oleo
A stick (or 1/2 cup) of butter.
There is no butter in oleo. The answer is 0.
oleo
Here in the US, that's two sticks; as four sticks equals one whole pound of butter, or oleo-margarine.
Have heard that oleo margarine was invented to fatten turkeys and the turkeys died. Also heard that oleo has 27 properties of paint and has plastic in it. True?
Ghee, oil, oleo, shortening are the other words which could replace the word butter or margarine.
oleo vitamis in details?
A spread made chiefly from vegetable oils and used as a substitute for butter Synonyms: margarine, margarin, oleo, marge. Source: Answers.com