Editing Petroleum

'''Petroleum''', also known as '''crude oil''' or simply '''oil''' in its liquid state, is a substance formed by the decomposition of organic material over time. While referred to as crude oil in its liquid form, broader definitions of petroleum can also refer to [[natural gas]] or [[bitumen]].<ref>{{Citation|year=1990|title=Petroleum fundamentals glossary|title-url=https://archive.org/details/petroleumfundame0000unse/page/19/mode/1up|publisher=The University of Texas at Austin}}</ref><ref>{{Citation|author=Wilbur Cross|year=1983|title=Petroleum|title-url=https://archive.org/details/petroleum00cros/}}</ref><ref name=":0">{{Web citation|newspaper=National Geographic|title=Petroleum|url=https://education.nationalgeographic.org/resource/petroleum/}}</ref> Petroleum is widely used in the manufacturing of thousands of products as well as being burned as a source of fuel.<ref name=":0" /> It is a [[fossil fuel]] and a [[Non-renewable resources|non-renewable]] [[Natural resource|resource]].<ref name=":0" /> Petroleum is a strategically significant resource due to a variety of considerations, including its material qualities as well as its function in the [[petrodollar]] system.<ref>{{Web citation|author=Prabhat Patnaik|newspaper=MR Online|title=Oil and the world economy|date=2026-04-07|url=https://mronline.org/2026/04/07/oil-and-the-world-economy/}}</ref>

== See also ==

* [[Petroleum politics]]

== References ==
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[[Category:Stubs]]
[[Category:Natural resources]]