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What is Crude Oil ?
Many young people across the globe ask the question ” What is Crude Oil ? “, In this article lets deep dive to understand the meaning of Crude Oil and various other aspects.
Crude oil, which i referred to as “Black Gold ” is one of the most significant and vital resource in the fast moving modern world. Crude Oil is basically an unrefined petroleum product that occurs naturally deep below the earths surface.
Crude oil mainly consists of hydrocarbons along with other organic compounds, it is extracted from below the earths surface and is a primary source of energy and raw material for various industries across the globe.
How Is Crude Oil Formed ?
To understand What Is Crude Oil ? , one must really understand How Is Crude Oil Formed ?
Crude oil was formed millions of years ago through the process of decomposition of ancient marine organisms. These organic materials settled on the seabed and were constantly buried under layers of sediments.
As time passed by, these organic materials were subjected to high temperatures and pressures and got converted into hydrocarbons which is the primary component of Crude Oil. These hydrocarbons get trapped in the porous rocks, these rocks prevent their escape.
Drilling sites are scientifically located and drilled through to extract the crude oil, once extracted it is further sent purification and distribution process.
Types Of Crude Oil
Based on the geographical location of crude oil extraction, it varies in its composition. Crude oil is basically classified on
Density
Crude oil occurs in Light, Medium and Heavy crude. Lighter crude is very helpful in giving out higher percentage of gasoline and lighter products.
Sulphur Content
Crude oil is divided into – Sweet Crude and Sour Crude. Sweet crude refers to low sulfur content, much easy to refine whereas Sour Crude refers to high sulfur content and required much more additional refining process.
Well Known Crude Benchmarks Across The Globe
West Texas Intermediate [ WTI ]
This type of crude is light and sweet and is majorly found in U.S.A [ United States Of America ]
Brent Crude
This crude is sourced from the North Sea and is used a global standard for price.
Dubai Crude
This type of crude is very heavy and sour and majorly used in the Asian countries.
Uses Of Crude Oil
Crude is the most important material across the globe for countless number of industries.
Fuel Generation
A major chunk of crude oil is refined into numerous products namely gasoline, jet fuel, natural gas and heating oil and these fuels are the backbone for numerous industries and households across the globe.
Petrochemical Products
Various petrochemical products namely rubber, plastics and fertilizers are manufactured using crude oil as a raw material.
Energy Generation
As the globe moves towards more and more renewable energy, Crude oil will always remain as a important source of energy production.
Crude Oil Extraction And Refining
To use crude oil, it must be extracted and sent for refining. The process begins with drilling, once drilling is completed the crude oil is extracted out and is transported to huge refineries through a well managed supply chain and logistics network.
Once the crude oil reaches the refinery plants, the crude oil goes through a process called Fractional Distillation, the end products after Fractional Distillation are Gasoline, Kerosene, Diesel, LPG and other useful products.
Future Of Crude Oil
Renewable energy is on of the hottest and trending topic across the globe. As the world moves towards more and more clean and green energy, the role of crude oil is constantly changing.
Governments across the globe are investing trillions of dollars in sustainable technologies and alternative energy to gradually reduce the dependency on fossil fuel. However crude oil and will play a crucial role in the global energy mix in the coming days.
Conclusion
Crude oil has a big impact on the global economy. Numerous industries representing various sectors completely rely on crude oil products for its energy demands, making it one of the most valuable resource across the globe.
Finally, by understanding What Is Crude Oil ? – We are in a better position to appreciate its importance and value its presence in the modern society.
Hope you liked our article on What Is Crude Oil ? and hope we were able to answer all your questions and queries.
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