Term:
Oil
Definition:

Liquid hydrocarbons of fossil origins comprising (i) crude oil; (ii) liquids extracted from natural gas (NGL); (iii) fully or partly processed products from the refining of crude oil, and (iv) functionally similar liquid hydrocarbons and organic chemicals from vegetal or animal origins.

Domain:
Energy
Source:
International Recommendations for Energy Statistics. UNSD, Series M No. 93, 2018
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