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What is the difference between crude oil and petroleum?

April 26, 2017crude Oil Petroleum

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What is the difference between crude oil and petroleum?

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Petroleum is a word derived from Latin: Petra – rock, oleum – oil. Thus, in direct translation petroleum means oil from rock and is commonly regarded as a very close synonym of Crude Oil. However, according to Britannica Encyclopedia, petroleum as a technical term encompasses: the liquid (crude oil), gaseous (natural gas), and viscous or solid forms (bitumen and asphalt).