Description
Crude oil is highlighted as a major product offered for trade. It serves as the unprocessed base for producing a range of fuels and petrochemical products.
Crude oil is a naturally occurring fossil fuel composed of hydrocarbons, extracted from the Earth’s crust. It serves as a vital raw material for producing gasoline, diesel, jet fuel, and various petrochemical products. As a key energy source, crude oil powers industries, transportation, and global economies. Its processing and refinement play a central role in meeting the world’s energy demands.

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