Oil Resources

Oil resources refer to the natural deposits of liquid hydrocarbons found beneath the Earth's surface, which can be extracted and refined into fuels like gasoline, diesel, and jet fuel. These resources are finite and formed over millions of years from the remains of ancient plants and animals. They are essential for energy production, transportation, and industry. The availability and distribution of oil resources vary globally, making them a valuable and strategically important natural resource that influences economies, geopolitics, and environmental considerations.