In 1968, a barrel of crude oil was about $3.18 (in 1968 dollars). Today, in 2010, even adjusted for inflation, the same barrel would only cost about $19.78!
Just $3.18 per barrel. (this would equal about $19.78 in 2010).
$7.67 per barrel.
42 gallon (US)
From each 42-gallon of crude oil, about 19.5 gallons of gasoline is produced.
Since 1 barrel = exactly 42 American gallons, and 3.785431178 liters = 1 gallon, then 42 x 3.78 = 158.987 liters = 1 barrel
1 barrel of oil = 158.987295 liters 1 barrel of oil = 42 US gallons
About $19.25 per barrel (equal to about $29.73 per barrel in 2010).
Just $3.18 per barrel. (this would equal about $19.78 in 2010).
There are 42 gallons of crude oil per barrel.
UK Oil cost £112.56/Barrel US Oil cost $102.12/Barrel Save
In 1976, the average price for a barrel of crude oil was $13.10 (about $50.19 today).
$49.32 per barrel.
That was the month and year that a barrel of crude oil reached its highest level: $128.08 per barrel.
There are 42 gallons of crude oil per barrel and that makes about 19 gallons of gas.
The cost of one oil barrel can vary significantly depending on the market demand and supply, geopolitical factors, and other economic conditions. As of 2021, the price of a barrel of oil can range from around $50 to $70 per barrel.
60%
An industry-standard barrel of oil contains 158.987295 liters.