crude oil


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crude oil:

see petroleumpetroleum,
oily, flammable liquid that occurs naturally in deposits, usually beneath the surface of the earth; it is also called crude oil. It consists principally of a mixture of hydrocarbons, with traces of various nitrogenous and sulfurous compounds.
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crude oil

[¦krüd ′ȯil]
(geology)
A comparatively volatile liquid bitumen composed principally of hydrocarbon, with traces of sulfur, nitrogen, or oxygen compounds; can be removed from the earth in a liquid state.

crude oil

petroleum before it has been refined
References in periodicals archive ?
Responding on behalf of the corporation, the Group General Manager, Crude Oil Marketing Division (COMD), Mr Mele Kyari, who was represented by Mr Adokiye Tombomieye, said NNPC would continue to assist Indonesia in the area of crude oil supply, adding that the request for a government-to-government crude supply arrangement should be routed through the President of Nigeria.
Sulfur occurs naturally in crude oil but poisons the catalysts used in refinery chemical processes as well as automobile catalytic converters.
As a result, Asian consumers of crude oil (the oil refiners, power plants, etc) have to pay a higher price for their supplies even if their demand at those particular periods does not justify the rise.
Normally, the refinery each day processes about 130,000 barrels of crude oil, which produces about 4.
The Intertek presentation is part of a dedicated session focusing on the current state of North American crude oil quality and the impact upon petroleum producers, refiners and traders.
Account-based crude oil is a new investment and trading product launched by ICBC in March 2013, the first of its kind in Chinese market.
The Odessa-Brody line operates in the reverse mode transporting crude oil from Russia.
The department forecasts ANS crude oil production at 865,000 barrels per day (b/d) for fiscal year 2006.
Two of the spills involved ruptured pipelines, while the other two stemmed from crude oil left in the bottom of an oil well cellar that overflowed during a rainstorm, said Deputy District Attorney Laurel McLaughlin.
Crude Oil: Global Industry Guide is an essential resource for top-level data and analysis covering the Crude Oil industry.
The spread between heavy crude oil (from South America) and Arab light crude can be around $5-10/barrel.
The EIA says in 2010, the US imported about 49% of the crude oil and refined petroleum products it consumed.