Definition of «oil derivatives»

The phrase "oil derivatives" refers to products that are derived or made from crude oil, such as gasoline, diesel, and plastics.

Sentences with «oil derivatives»

  • MPOB is focused on improving production efficiency and the quality of palm oil - derived products, optimizing land use in oil palm areas and finding new uses for palm oil derivatives. (cshl.edu)
  • For example, David and Charles Koch made their wealth by investing in oil derivatives. (thebalance.com)
  • Growth in the kingdom's inflation was attributed to the imposing of the value - added tax (VAT) and amending prices of oil derivatives both of which commenced in January, according to GASTAT. (english.mubasher.info)
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