petroleum
/pəˈtrəʊliəm/ noun [U]Definition
› NATURAL RESOURCES a dark thick oil obtained from under the ground, from which various substances, including petrol, are produced: Imports of petroleum and petroleum products declined by 23.9 %. Most industrialized societies depend on the petroleum industry. a petroleum company/corporation petroleum refining/production
(Definition of petroleum noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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