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Gold is worth more than diamonds (diamonds do not have a universal absolute value, whereas gold does). Oil is worth more than both gold and diamonds combined.
We rely on oil to power our economies, keep the ships floating, keep our cars moving, keep the planes flying and so on. Without the oil, there is no economy. Wars are fought over oil, but none are fought over diamonds (except some small civil wars as a result of disputes).
Oil however is running out, which makes it even more expensive and valuable than it used to be. We are quickly trying to find new ways to replace the oil we rely on, such as electric cars. Oil will only get even more valuable as it becomes rarer.
Another Answer
In terms of weight, a cup of diamonds vs a cup of oil depends on the quality of both. A cup of gemstones, for example, would be worth far more than a cup of oil. However, a cup of industrial diamonds -- about 80% of all those mined, would be worth less than a cup of oil.
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Is American money worth more than UK money?
no But technically, the US dollar is the more powerful currency. Oil is bought and sold in the $, as is gold and diamonds etc.
What is more valuable diamonds and oil?
By weight, a gem-stone quality diamond is more valuable than oil.
Are manufactured diamonds more valuable than mined diamonds?
Natural diamonds are more valuable than manufactured diamonds, most of which are made for industrial applications, not for use as gemstones.
Why are diamonds more expensive than cz's?
Diamonds are more rare than CZs.
How is it possible for a handful of diamonds to be worth less than a single glass of water?
If you were dieing of thirst, it is very hard to drink diamonds.
What is worth more diamonds or gold?
By weight, diamonds are worth more because they are much more rare than gold.
Which is worth more - gold or diamonds?
by weight diamonds
What is worth more money then platinum?
diamonds?
Is gold worth more than diamonds?
no
Is American money worth more than UK money?
no But technically, the US dollar is the more powerful currency. Oil is bought and sold in the $, as is gold and diamonds etc.
What is worth more platinum or diamonds?
Can metal really be compared to rock? I'd say diamonds, but what do I know.
What is more valuable diamonds and oil?
By weight, a gem-stone quality diamond is more valuable than oil.
Which diamond is worth more industrial or natural?
Natural diamonds can be industrial diamonds or gemstone quality diamonds. Gemstone quality diamonds are worth more than industrial diamonds. If by 'industrial', you mean man-made, then a natural diamond will always be more valuable than a man-made diamond of equal carat weight, unless the natural diamond is not of gemstone quality.
Are blue diamonds rarer than white ones?
Blue diamonds are speculated to be rarer than white/clear diamonds because it is more difficult to form naturally. Blue diamonds, as such, are worth more than regular white diamonds
Are some semiprecious gemstones more expensive than diamonds?
Yes, some larger stones are worth more than some diamonds sheerly by their size.
Which one has more quality diamond or pearls?
Depends on what you want, and how good the diamonds and pearls are. Generally, though, diamonds are worth more for their size and weight than pearls.
Are diamonds derived from oil?
No, diamonds are derived from carbon.
