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What does crude oil mean?

Looking for the meaning or definition of the word crude oil? Here's what it means.

Noun
  1. Unrefined oil; as it is found underground, consisting mainly of hydrocarbons
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The country's main exports are crude oil, petroleum products, and natural gas.
It was the Exxon Valdez which ran aground on the Alaskan coast in 1989 spilling 40 million litres of crude oil.
Two products which come directly from the crude oil and do not require further processing are asphalt and waxes.
The EU is considering making all-risks, third-party insurance compulsory for ships carrying crude oil.
But motorists may wonder why the price of petrol leaps up so quickly when the crude oil it comes from was sold when the price was much lower.
In Nigeria, federal authorities are clamping down on a rash of crude oil thefts.

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