Which one is the Business type of oil petroleum and which In

Which one is the Business type of oil (petroleum) and which Industry is petroleum belong?

Solution

Business type of oil (petroleum) is Corporation. It is a large company or group of companies authorized to act as a single entity and recognized as such in law.

Petroleum belongs to primary industry as it is extracted from earth and is known as fossil fuel, whatever activity involves \"extraction\" cones in primary industry sector.