Crude oil, or petroleum, and its refined components, collectively termed petrochemicals, are crucial resources in the modern economy. Crude oil originates from ancient fossilized organic materials, such as zooplankton and algae, which geochemical processes convert into oil.[8] The name "mineral oil" is a misnomer, in that minerals are not the source of the oil—ancient plants and animals are. Mineral oil is organic. However, it is classified as "mineral oil" instead of as "organic oil" because its organic origin is remote (and was unknown at the time of its discovery), and because it is obtained in the vicinity of rocks, underground traps, and sands. Mineral oil also refers to several specific distillates of crude oil.