After crude oil is removed from the ground, it is sent to a refinery by pipeline, ship, or barge. At a refinery, different parts of the crude oil are separated into usable petroleum products.
That was the month and year that a barrel of crude oil reached its highest level: $128.08 per barrel.
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.
In 1977, the average price for a barrel of crude oil was $14.40 (about $60.00 in today's dollars).
The average price for a barrel of crude oil in 2003 was $27.56
In 1997, the average price for a barrel of crude oil was $18.64 (about $30.00 in today's dollars).
About 9.21 gallons of diesel is refined from each 42-gallon barrel of crude oil.
Crude oil is crude oil, there is no such thing as gas oil. Gasoline is refined from crude oil. 1 barrel of Benchmark crude oil for May delivery is currently $48.20 as of 3/31/09.
A single 42-gallon barrel of crude oil is refined into about 19.6 gallons of gasoline.
About 19.6 U.S. gallons.
It varies alot. The minimum value is zero- as some crude oil are refined into other products. So, let's assume this is a crude that is economical to refine into gasoline. In this case , it can be as low as 2 gallons or as high as 23 gallons. (1 bbl = 42 gallons) Expressed as a percentage of the crude oil, this is 5 to 55%. (See attached links). The crude oil not refined as gasoline will be refined for other products. Common refined products from crude oil are provided in the related link, and will differ depending on the properties of the crude oil. It's very interesting that after refining, there will be more gallons of produced products than the original barrel of crude oil.
From each 42-gallon barrel of crude oil, about 19.6 gallons of gasoline and 9.2 gallons of diesel fuel are refined.
Zero. A barrel or crude oil contains... crude oil.
A barrel of oil is used to store and transport crude oil and petroleum products. It is a standard unit of measurement for the oil industry, with one barrel equaling 42 US gallons or 159 liters. Oil is extracted from the barrel for refining into various products such as gasoline, diesel, jet fuel, and heating oil.
Typically, about 9.21 gallons of diesel fuel are refined out of an industry-standard 42-gallon barrel of crude oil. (This equates to about 22% of the barrel for diesel).
There is 42 gallons of oil per barrel, of that depending on the types of crude. You get anywhere from 7-21 gallons +/- depending on refineries production set up
Crude Oil is refined into gasoline.
1 barrel of crude oil equals 42 US gallons of crude oil.