Today (July 3, 2008) I believe it went up to $146 a barrel.
1 barrel of oil = 158.987295 liters 1 barrel of oil = 42 US gallons
That was the month and year that a barrel of crude oil reached its highest level: $128.08 per barrel.
The future cost of a barrel of oil is calculated by examining projections of how much oil is available as compared to how much oil is being used or is in demand. Prices spike when the demand for oil exceeds its availability, from all sources.
$100
$27.69 per barrel in 2003 (equal to about $32.62 in 2010 dollars).
1 barrel of oil = 158.987295 liters 1 barrel of oil = 42 US gallons
There are 42 gallons of crude oil per barrel.
UK Oil cost £112.56/Barrel US Oil cost $102.12/Barrel Save
$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.
A single 42-gallon barrel of crude oil is refined into about 19.6 gallons of gasoline.
About 19.6 gallons per barrel of crude oil. Each barrel holds 42 gallons of oil.
As of 5/25/10, about $64.78 per barrel.