Petroleum

Definition

Petroleum, also known as crude oil, is a naturally occurring liquid mixture composed mainly of hydrocarbons. It forms over millions of years from the remains of marine organisms buried in sediments.

Related terms

Oil Spill: An oil spill occurs when petroleum is released into the environment, usually from accidents during transportation or drilling, causing harm to ecosystems and wildlife.

Refining: Refining is the process of purifying crude oil to separate it into different components such as gasoline, diesel, and jet fuel.

OPEC (Organization of Petroleum Exporting Countries): OPEC is an international organization made up of major oil-producing countries that coordinate policies to stabilize oil prices and ensure steady supply.