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it is called liquid gold in Saudi Arab because petroleum is in the obtained in the form of liquid and since it is as precious as gold therefore it is called liquid gold .
                                                  i hope that this will help u.
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Gold is a very precious element.it is not found in nature in a liquid state.petroleum is just a precious as gold is.it is a fuel which has many uses.without it,the world would not be able to survive.in saudi arabia,this useful petroleum is found in the form of liquid so it is called liquid gold.
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