What does crude oil mean?

Definitions for crude oil
crude oil

This dictionary definitions page includes all the possible meanings, example usage and translations of the word crude oil.

Princeton's WordNet

  1. petroleum, crude oil, crude, rock oil, fossil oil, oilnoun

    a dark oil consisting mainly of hydrocarbons

Wiktionary

  1. crude oilnoun

    Unrefined oil; as it is found underground, consisting mainly of hydrocarbons

Wikipedia

  1. crude oil

    Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name petroleum covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by distillation, into innumerable products for direct use or use in manufacturing. Products include fuels such as gasoline (petrol), diesel, kerosene and jet fuel; asphalt and lubricants; chemical reagents used to make plastics; solvents, textiles, refrigerants, paint, synthetic rubber, fertilizers, pesticides, pharmaceuticals, and thousands of others. Petroleum is used in manufacturing a vast variety of materials essential for modern life, and it is estimated that the world consumes about 100 million barrels (16 million cubic metres) each day. Petroleum production can be extremely profitable and was critical to global economic development in the 20th century, with some countries, so called "oil states", gaining significant economic and international power because of their control of oil production. Petroleum exploitation and use has had significant negative environmental and social consequences. Extraction, refining and burning of petroleum fuels all release large quantities of greenhouse gases, so petroleum is one of the major contributors to climate change. Other negative environmental effects include oil spills, and air and water pollution. Some of these effects have direct and indirect health consequences for humans. Oil has also been a source of conflict, leading to both state-led-wars and other conflicts. Production of petroleum is estimated to reach peak oil before 2035 as global economies lower dependencies on petroleum as part of climate change mitigation and a transition towards renewable energy and electrification.

ChatGPT

  1. crude oil

    Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. It is typically extracted from underground reservoirs and is used to produce various types of fuels and other chemicals after it is processed or refined. It’s considered a non-renewable resource because it takes millions of years to form from plants and animal remains under high heat and pressure. It often varies in color, consistency, and quality depending on the mixture of hydrocarbons and other compounds it contains.

Wikidata

  1. Crude Oil

    Crude Oil is a 2008 Chinese documentary film directed by Wang Bing. Filmed in the Inner Mongolian portion of the Gobi Desert, it follows a group of oil field workers as they go about their daily routine. Like Wang's debut feature — the nine-hour Tie Xi Qu: West of the Tracks — Crude Oil is notable for its extreme length, running 840 minutes. The original plan called for a 70-hour film, but Wang felt compelled to exert additional editorial control and reduced the work to its present length. The director himself came down with severe altitude sickness and left the location three days into the one-week shoot; his crew completed the remainder without him. Crude Oil premiered at the 2008 International Film Festival Rotterdam, where it received a "Special Mention" for "its dispassionate expose of the hardship of human labour which is the basis of economic progress." The project was commissioned by the IFFR, with additional support from the Hubert Bals Fund. It had its Asian premiere at the 2008 Hong Kong International Film Festival. Its North American premiere was at The Los Angeles Film Festival in June 2009, with screenings held in Gallery 6 at the Hammer Museum.

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Numerology

  1. Chaldean Numerology

    The numerical value of crude oil in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of crude oil in Pythagorean Numerology is: 6

Examples of crude oil in a Sentence

  1. Fergal Smith:

    In Canada, the run up in crude oil has also been supportive of the energy sector.

  2. Goldman Sachs:

    Distillate storage utilization in the U.S. and Europe is nearing historically high levels, following near record refinery utilization, only modest demand growth (especially relative to gasoline), and increased imports from the East on refinery expansion and Chinese exports, this raises the spectre of 1998 (and) 2009 when distillate storage hit capacity, pushing runs and crude oil prices sharply lower.

  3. Kang Yoo-jin:

    While crude oil market outlooks are so pessimistic, the markets also have been dampened psychologically, with investors concerned of a crisis led by the Chinese economy.

  4. Elvis Picardo:

    It's going to take many months for the broader implications of the oil price collapse to play out, for the time being, we're going to see volatility in crude oil prices and energy producers.

  5. Richard Gorry:

    I would expect a decline in fuel imports into China as the consumption tax hits the teapot refiners, who have already been reducing throughput of fuel oil as they gain greater access to internationally sourced crude oil.


Translations for crude oil

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"crude oil." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/crude+oil>.

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