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How much was a barrel of crude oil worth?
That was the month and year that a barrel of crude oil reached its highest level: $128.08 per barrel.
What is today's price on oil?
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.
What was the price of crude oil in the 1980s?
In 1977, the average price for a barrel of crude oil was $14.40 (about $60.00 in today's dollars).
What was the oil price per barrel in 2003?
The average price for a barrel of crude oil in 2003 was $27.56
What was the price for crude oil in 1997?
In 1997, the average price for a barrel of crude oil was $18.64 (about $30.00 in today's dollars).
How much diesel is refined from 1 barrel of crude oil?
About 9.21 gallons of diesel is refined from each 42-gallon barrel of crude oil.
How much is a barrel of gas 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.
How much does a barrel of oil power?
A single 42-gallon barrel of crude oil is refined into about 19.6 gallons of gasoline.
How many gallons of refined oil can be produced from one barrel of crude oil?
About 19.6 U.S. gallons.
How much gasoline is made from a barrel of crude oil?
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.
How much fuel can you derive from a barrell 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.
How many gallons of gasoline are there in a barrel of crude oil?
Zero. A barrel or crude oil contains... crude oil.
How is a barrel oil used?
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.
What portion of a barrel of oil can be used to make diesel?
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).
How many gallons of diesel is refined from a barrel of crude?
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
How does crude oil turn in energy?
Crude Oil is refined into gasoline.
How many gallons of crude are in 1 barrel of crude?
1 barrel of crude oil equals 42 US gallons of crude oil.
