More precisely I would say that petroleum is a natural resource. There are many kinds of oils.
Oil is the primary natural resource drilled for in Iraq. The country has significant oil reserves, which are a critical component of its economy and export revenue.
A natural resource is any material or substance that exists in nature and is used by humans for various purposes. Examples include water, minerals, air, sunlight, and trees. Natural resources can take many forms, from raw materials like oil and gas to renewable resources like wind and solar energy.
An example of a nonrenewable resource is fossil fuels such as coal, oil, and natural gas. These resources take millions of years to form and are being depleted faster than they can be replenished, making them unsustainable in the long term.
OPEC (Organization of the Petroleum Exporting Countries) controls the production, price, and distribution of oil, which is a significant natural resource. OPEC member countries collectively produce a large portion of the world's crude oil and play a key role in influencing global oil market dynamics.
We call these resources as nonrenewable. Once we use them up, the time to make more will take millions of years.
Yes,it natural resource from the ground
no
OIL
No
The most important natural resource of Venezuela is oil.
Oil is a non-renewable resource, one of the fossil fuels (coal, oil and natural gas).
Oil and natural gas.
An important natural resource in Tennessee would be oil, limestone, coal, or natural gas.
oil
OIL
oil.
No it is not. It is a nonrenewable resource.