Petroleum, or oil, is one of the most important energy

Petroleum, or oil, is one of the most important energy sources in the modern world. As a fossil fuel, oil plays a major role in various sectors, including transportation, industry, and electricity generation. The first discovery of oil occurred in the mid-19th century, and since then, its use has continued to increase dramatically.

The oil extraction process involves drilling a well beneath the earth's surface, where the oil is discovered in the geology of the reservoir. Once extracted, crude oil must be processed through refineries to produce various products, such as gasoline, diesel, and raw materials for chemical products.

However, the use of oil also has significant environmental impacts. Oil leaks, greenhouse gas emissions, and ecosystem damage are some of the problems faced. With increasing awareness of climate change, many countries are now seeking to reduce dependence on oil and switch to renewable energy sources, such as solar and wind power.

On the other hand, world oil prices often fluctuate due to various factors, including geopolitics, market demand and OPEC policies. These price fluctuations can impact the global economy, affecting inflation and the cost of living.

In this context, it is important to explore more sustainable alternatives. Investments in new energy technologies and development policies that support the energy transition can be a major step towards a greener and more sustainable future. By understanding these dynamics, we can contribute to better solutions to global energy challenges.