Petroleum Oil Definition
Prices 2019 - Petroleum Oil Definition, Petroleum | define petroleum at dictionary.com, Petroleum definition, an oily, thick, flammable, usually dark-colored liquid that is a form of bitumen or a mixture of various hydrocarbons, occurring naturally in various parts of the world and commonly obtained by drilling: used in a natural or refined state as fuel, or separated by distillation into gasoline, naphtha, benzene, kerosene, paraffin, etc.. Oil reserves - wikipedia, Oil reserves denote the amount of crude oil that can be technically recovered at a cost that is financially feasible at the present price of oil. hence reserves will change with the price, unlike oil resources, which include all oil that can be technically recovered at any price.reserves may be for a well, a reservoir, a field, a nation, or the world. Oil | definition of oil by merriam-webster, Noun. the price of crude oil is expected to rise. we heat our house with oil. a little bit of oil will help lubricate the chain. add a little oil to the pan and stir-fry the onions. the dressing is made with oil, vinegar, and a pinch of herbs verb. he oiled the bearings of the machine. if you oil the machinery on a regular basis, it will operate more efficiently.