Petroleum(L. petroleum, from Latin: petra (rock) + Latin: oleum (oil)). The Latin word petra is a loanword from Greek πέτρα.
Petroleum or crude oil, is a naturally occurring flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. A fossil fuel, it is formed when large quantities of dead organisms, usually zooplankton and algae, are buried underneath sedimentary rock and undergo intense heat and pressure.
Petroleum is recovered mostly through oil drilling. This comes after the studies of structural geology (at the reservoir scale), sedimentary basin analysis, reservoir characterization (mainly in terms of porosity and permeable structures). It is refined and separated, most easily by boiling point, into a large number of consumer products, from petrol (or gasoline) and kerosene to asphalt and chemical reagents used to make plastics and pharmaceuticals. Petroleum is used in manufacturing a wide variety of materials, and it is estimated that the world consumes about 88 million barrels each day.
Crude Oil
Videos
Is Crude Oil Unstoppable At $90?
???? OPEC Warns Of Global Crude Oil SHORTAGES Starting In October

WTI Crude could pump to $90 after recent rebound, says Carter Worth

Oil Rally to Lift Price to $100? WTI Crude Analysis for Rest of 2023

Made on
Tilda