The world has changed and evolved variedly since the discovery of oil as a source of energy. And for the most of this evolution, world has exploited and processed oil in more than a thousand ways. The diverse utilities of oil are as magnanimous as water, but its scarce availability makes it a fiercely contested resource. A commodity, which has both political and economic implications. A fuel that holds the infamy of igniting wars more than all other geological resources combined. Even in today's peacetime, the tussle over it continues. International law has failed to reign the abrasive and ugly fight of oil that has ranged over decades. This book holistically analyzes "oil" on the pedestals of politics, economy and law, citing its unmatched relevance to the global discourse.