Definition

Petroleum

an oily, thick, flammable, usually dark-colored liquid that is a form of bitumen or a mixture of various hydrocarbons, occurring naturally in various parts of the world and commonly obtained by drilling: used in a natural or refined state as fuel, or separated by distillation into gasoline, naphtha, benzene, kerosene, paraffin, etc.

Sentence
The increase in world petroleum prices has given the Russian budget a windfall increase of $ 1 billion a month.