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What is the Difference Between Crude Oil, Petroleum Merchandise, And Petroleum

What’s the distinction between crude oil, petroleum products, and petroleum
Crude oil is a mixture of hydrocarbons that exists as a liquid in underground geologic formations and remains a liquid when dropped at the surface. Petroleum products are produced natural gas prices ky from the processing of crude oil and different liquids at petroleum refineries, from the extraction of liquid hydrocarbons at natural gas processing plants, and from the manufacturing of completed petroleum merchandise at blending amenities. Petroleum is a broad class that features both crude oil and petroleum merchandise. The terms oil and petroleum are typically used interchangeably.

Final reviewed: December 8, 2017
Different FAQs about Oil/Petroleum

Hydrorefining Process EquipmentDoes EIA have county-level power manufacturing information
Does EIA have knowledge on U.S. oil refineries and their places
Does EIA have knowledge on natural gas prices ky the movement of crude oil, ethanol, and biodiesel by rail and truck
Does EIA have knowledge on the type or high quality of crude oil
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