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Gasoline is also referred to as Petrol and is a transparent liquid obtained from the fractional distillation of crude oil. It consists of organic compounds and is mainly used in internal combustion engines. It is widely used across the globe and its consumption is so high that its prices have also soared and are continuously changing as per increase in demand. Gasoline is obtained by the fractional distillation of crude oil between 40 ⁰C (104 ⁰F) and 205 ⁰C (401 ⁰F), which is its boiling range. Gasoline is used in vehicles, electrical generators, compressors etc.