Crudes

Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbons and organic materials, extracted from deep beneath the Earth’s surface. It serves as a crucial raw material for various industries, providing the foundation for fuels like gasoline, diesel, and jet fuel, which power transportation and manufacturing processes. Beyond energy production, crude oil is also vital for producing chemicals, plastics, and synthetic materials that are used in industries ranging from healthcare to construction. The versatility of crude oil and its derivatives makes it a cornerstone of modern industrial economies, driving global trade, technological development, and infrastructure.