Why petroleum is called black gold

So it is called Black Gold because it has a number of commercial importance. On signing up you are confirming that you have read and agree to Terms of Service.

Just like gold, petroleum is also very useful and valuable product It is used to manufacture a number of products like petrol,diesel,kerosene etc Many products are also obtained from further processing of petroleum called Petrochemicals Example Polythene,Plastic Bags,Detergents So it is called Black Gold because it has a number of commercial importance.

You are here Difference between Coal and Petroleum. Facebook Whatsapp. Gold is used because without Petroleum it is difficult to live. Petroleum is called black oil because it ces with many constituents mix with it that has its commercial market value. Send Your Questions to Experts. Invalid OTP! Resend OTP? Send OTP. Why is petroleum called black gold? Social Science.

Share this question. Narendra Singh Grade Crude oil is heated in a furnace so that hydrocarbons can be separated by fractional distillation since there is not much difference in the boiling points. The lightest one viz. One hydrocarbon is then converted into another desired hydrocarbon.

Finally, the treatment is done to get the desired characteristics. This is because when crude oil is extracted from the land it is black in color. This resource is compared to gold due to its valuable properties and worth too.