Petroleum is a naturally occurring fossil fuel extracted from deep underground, serving as a primary source for energy and raw materials. Refined into fuels, oils, and petrochemicals, it powers vehicles, machines, and manufacturing processes—making it indispensable to modern life and economic development. Key Features: Fuel Foundation: Refined into gasoline, diesel, aviation fuel, and more. Industrial Backbone: Used in plastics, solvents, waxes, and synthetic materials. Energy-Rich Resource: Delivers high-efficiency energy output. Strategic Commodity: Crucial to transportation, industry, and national economies.