Home > Term: barrel
barrel
A volumetric unit of measure for crude oil and petroleum products. 1 barrel is 42 US gallons, 35 imperial gallons or 159 liters. There are roughly 7. 33 bbl of crude oil to a tonne, but the precise conversion obviously depends on the specific gravity of the oil.
- Part of Speech: noun
- Industry/Domain: Energy
- Category: Energy trade
- Company: Platts
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Creator
- Jeremy Z
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