Question

petroleum is referred to" black gold " ?
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Answer 1

Answer:

Petroleum is referred to as Black Gold. ... When the petroleum is drilled from the ground in the liquid form, it is referred to as crude oil. This name black gold itself is an indication that it is very vital to humans. Because of its oil and worth, people refer to it gold.

Answer 2

The Petroleum is called black gold because when the crude oil is extracted from the soil below, it is black in colour. Petroleum is very expensive like gold. Comparing its high value with gold in terms of properties and money wise; it is regarded as black gold. Many components of crude oil have commercial importance.