Ownership of liquid minerals such as oil

Question:
Honorable Shaykh, regarding liquid minerals such as oil, does the owner of the land own them?

Answer:
No, the owner of the land does not own the liquid mineral, just as with water. The Prophet (peace and blessings be upon him) said: Water is among them. These liquid minerals are like water; people are partners in them, such as petroleum and gas. People are partners in them, but the one in authority manages them for the benefit of the people. Liquid minerals follow the public treasury for the benefit of the people, just like the elephant.