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This is much in the news and seems to increase every week. At present about $135 per barrel

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17y ago

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What is the cost of oil?

The cost of crude oil would be about $108.50.


How much did a barrel of crude oil cost in July 2008?

$128.08 per barrel in July 2008.


How much crude oil do you produce and import?

I personally produce or import no crude oil


How much it costs to convert crude oil to petrol?

In a simple illustration, let's assume an oil company is paying $100 for a barrel (42 gallons) of basic crude oil. Their cost for a gallon will be about $2.38. At a gasoline-pump price of $4.00 per gallon. so, result comes as cost of converting one gallon crude oil is $1.62 (4.00-2.38=1.62).


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.


Why is heavy crude oil cheaper then light crude oil?

Heavy crude oil is typically cheaper than light crude oil because it requires more processing to remove impurities and make it usable. This additional processing increases the overall cost of production, which is then reflected in the price of heavy crude oil compared to light crude oil. Additionally, heavy crude oil tends to have higher sulphur content, which can further increase the cost of refining.


One barrel petrol how much cost in rupees?

one barrel of crude oil costs arount 1600 rs..


What consequences if you drink crude oil?

If you drink crude oil you will likely get diarrhea. Depending on the source of the crude and how much you drink you may experience other gastrointestinal problems. Drinking crude oil is NOT a good idea.


How much does oil cost per oz?

The answer will depend on what kind of oil: crude oil, cooking oil, essential oil. My guess is that the prices will differ by at least three orders of magnitude (a factor of a thousand).


What did a barrel of oil cost in 1999?

The average cost for a barrel of crude oil in 1999 was: $16.56 (about $21.67 in 2010 dollars).


How much does oil a gallon cost?

100$ haha jk i really dont no sorry! There are 42 gallons of crude in a barrel and a barrel runs about $80, so a gallon of crude cost about $2, but there are a lot of things in that barrel besides gasoline.


How much gas do you get from a gallon of crude oil?

About 19.6 gallons per barrel of crude oil. Each barrel holds 42 gallons of oil.