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because when crude oil is extracted from the land it is black in color. People call it gold because of its oils and value . It is very difficult to find. So it is called Black Gold.

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Which is called the black gold coal or petroleum?

Petroleum is often referred to as "black gold" because of its economic value and significance as a highly sought-after natural resource. Coal is not typically referred to as black gold.


Petroleum is called as black gold because?

Petroleum is called black gold because of its economic value and importance in global trade. It is often referred to as "black" because of its color and "gold" due to its high demand and profitability in the energy industry.


Why is petroleum called black gold answer in brief?

Petroleum is called "black gold" because it is a valuable natural resource that has a high economic value and contributes significantly to global energy supply. Its black color and preciousness parallel those associated with gold, hence the nickname.


Why petroleum is called black gold or crude oil?

Petroleum is called "black gold" because of its value, versatility, and economic significance, similar to that of gold. It is also referred to as "crude oil" because it is a natural, unrefined oil extracted from the earth, before being processed into various petroleum products.


Why is Petroleum is often called black gold?

Petroleum is often called black gold because it is a valuable resource that is in high demand globally. Its deep black color and economic significance are similar to the properties associated with gold, hence the comparison. Additionally, like gold, petroleum plays a major role in economic activities and trade.

Related Questions

Which liquid is called as black gold?

petroleum


Which is called the black gold coal or petroleum?

Petroleum is often referred to as "black gold" because of its economic value and significance as a highly sought-after natural resource. Coal is not typically referred to as black gold.


Petroleum is called as black gold because?

Petroleum is called black gold because of its economic value and importance in global trade. It is often referred to as "black" because of its color and "gold" due to its high demand and profitability in the energy industry.


Why is petroleum called black gold answer in brief?

Petroleum is called "black gold" because it is a valuable natural resource that has a high economic value and contributes significantly to global energy supply. Its black color and preciousness parallel those associated with gold, hence the nickname.


Why petroleum is called black gold or crude oil?

Petroleum is called "black gold" because of its value, versatility, and economic significance, similar to that of gold. It is also referred to as "crude oil" because it is a natural, unrefined oil extracted from the earth, before being processed into various petroleum products.


Is black gold ar fossil fuel?

Yes black gold is the fossil fuel.We mention petroleum as black gold.Because both petroleum and gold are expensive.


Which thing is also called black gold?

Oil is also known as black gold because of its high value and importance in the global economy.


Which mineral is called black gold?

Petroleum is often referred to as "black gold" due to its high economic value and importance as a fuel source.


Why is Petroleum is often called black gold?

Petroleum is often called black gold because it is a valuable resource that is in high demand globally. Its deep black color and economic significance are similar to the properties associated with gold, hence the comparison. Additionally, like gold, petroleum plays a major role in economic activities and trade.


Black gold is also the name for?

Petroleum, also known as crude oil, is sometimes called black gold because of the enormous amount of money that is spent on it.


What is the best definition for this description black gold?

"Black gold" is a term used for petroleum.


What hydrocarbon is known as black gold?

petroleum