It settled at $95.71/barrel today (09/15/08), the first time it has been under $100 a barrel in six months.
Polymers are not made into crude oil. Crude oil is made into polymers.
Yup! Crude Oil -> Crude Oil Vapour --> Diesel Oil --> Ethene --> Poly(ethene)
1 barrel of crude oil equals 42 US gallons of crude oil.
Crude oil is excavated using an excavation machine. Crude oil easily comes to the surface and is easy to excavate, while shale oil is not.
Crude oil is the raw form of oil mined from underground, not produced. Some places with alot of crude oil however are Alaska and Canada.
In 1997, the average price for a barrel of crude oil was $18.64 (about $30.00 in today's dollars).
In 1977, the average price for a barrel of crude oil was $14.40 (about $60.00 in today's dollars).
In 1976, the average price for a barrel of crude oil was $13.10 (about $50.19 today).
The Crude Oil and Commodity Prices on April, Friday 25 2014 are: WTI Crude Oil is $101.94/barrel and Brent Crude Oil is $110.33/barrel.
$ 91,34/barrel
The average price of a barrel of crude oil in 1901 was 96 cents.
The average price for a barrel of crude oil in May 2007 was: $58.90
The average price for a barrel of crude oil in 2000 was: $26.72
From 2005-2010, the average price for a barrel of crude oil is: about $67.00.
The highest price for barrel of crude oil reached $128.08in July 2008.
The average price of a barrel of crude oil in 1992 was $15.99
The average price of a barrel of crude oil in 1967 was $2.92