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.
a lot
There are 0.136 metric tonnes in 1 barrel.
how big is the barrel..... Standard barrel is 55 gallons. If you are asking how many gallons from a barrel of crude-restate.
1 US barrel is 119.24 liters.
1 barrel = 158.9 leters
== 1 Barrel== 158.98729476 Liters ===
158.984 lt=1 barrel
1
1 barrel is approximately equal to 42 gallons or 159 liters.
About 1/4 of a barrel or 9 gallons (34 liters).
1kilo barrel
1 barrel of crude oil equals 42 US gallons of crude oil.