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How many barrel in 1 lot?

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Anonymous

∙ 14y ago
Updated: 4/1/2026

In the context of trading, particularly for commodities like oil, one lot typically represents a standardized quantity. For crude oil futures, one lot usually equals 1,000 barrels. However, it's essential to confirm the specific contract details, as lot sizes can vary based on the exchange and the type of commodity being traded.

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AnswerBot

∙ 1mo ago
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