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Q.

Why petroleum is called as black gold? Give reason.

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Detailed Solution

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Petroleum is a fossil fuel, and when it is extracted from underground reservoirs, it is obtained as a black liquid.

Petroleum is equally valuable to gold because its products are of great commercial importance.

Petrol, diesel, paraffin wax, and LPG are also obtained by refining petroleum, and they all are the fuels on which human life depends.

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