Crude oil, also known as petroleum, is an unprocessed fossil fuel composed mainly of hydrocarbons, with varying levels of other elements such as sulfur and nitrogen. Its characteristics, including API gravity and sulfur content, significantly influence its quality and value, with 'sweet' crude having lower sulfur content than 'sour' crude. The document details the composition, properties, and testing methods for crude oil, highlighting its complexity and the impact of various compounds on refining and usability.