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How are crude oil and refined oil different?

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Crude oil is not refined and refined oil is not crude. Refined oil is crude oil that has been put through a refining process of heating the oil and extracting the various components from it that boil off at specific temperatures. read more

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“Refined oil” is actually many products, some of which you will be familiar with, e.g. jetfuel, propane, gasoline, diesel, heating oil, bunker oil, asphalt. So the sum of price of the products you will get out of a crude barrel, will be different than crude itself. read more

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Further Research

Difference between Mustard Oil and Refined Oil
www.differencebetween.info

How is crude oil turned into finished products?
www.world-petroleum.org

Video Answers

► 4:57 What is Crude Oil? 29/1/2016 YouTube