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How much money does saudia Arabia get per barrel of oil?
Saudi Arabia is a member of OPEC, which collectively determine oil prices for the oil producing countries in that region. As of 7 October 2014, the cost for a barrel of oil from OPEC was US $89.37.
What is the quantity of a barrel of oil in world market?
A barrel of oil in the world market is 42 US Gallons.It is different from a standard oil drum used for refined oil products (eg. petroleum) which is 55 US gallons.For info, A Liquid Barrel Unit is 31.5 US Gallons, which is also not used to measure crude oil.
How much does oil cost per ton?
Light sweet crude weighs approximately 828 kg/m3. One cubic meter = 264.17 gallons. 42 gallons in a barrel / 264.17 gallons in m3 = 0.16 m3 per barrel. 0.16 m3 x 828 kg = 132.48 kg per barrel. One US (short) ton = 907.18 kg. 907.18 kg / 132.48 kg per barrel = 9.85 barrels per ton. Multiply the current price of oil per barrel by 9.85 to get the price per ton.
How much oil does the US purchase from Canada?
The US is currently importing about 1,900,000 barrels of oil per day from Canada.
How much oil can the US produce?
i think we can produce over 3 million gallons of oil everyday.
How much oil is in a barrel of oil?
1 barrel of oil = 158.987295 liters 1 barrel of oil = 42 US gallons
How much does a barrel of oil sell for 2011?
UK Oil cost £112.56/Barrel US Oil cost $102.12/Barrel Save
How much does US pay for a barrel of imported oil?
$100
How much oil is in a barrel in liters?
42 US gallons = 158.987 liters
How much does oil produce?
One barrel of crude oil produces about 19.6 US gallons of gasoline.
How gal in a barrel of CRUDE oil?
There are 42 US gallons of crude oil in one barrel.
Are the units in a barrel of oil US gallons or imperial gallons?
In the US, 1 barrel of oil = 42 US gallons (159 liters or 34.97 imperial gallons).
How much is 17 million barrels of oil?
17 million barrels of oil is 714,000,000 US gallons. Each barrel contains 42 US gallons.
When was US Oil priced 32 per barrel?
The closest to $32.00 per barrel was in 1982; the price of a barrel of oil was $31.83.
How much a barrel of oil today?
The price of a barrel of oil fluctuates daily depending on various factors such as supply and demand, geopolitical events, and economic conditions. As of now, the price of a barrel of oil is around $70-$75.
What can be made from a barrel of oil?
One barrel of crude oil produces about 19.6 US gallons of gasoline.
How many gallons of oil are there in a full standard oil barrel?
42 US gallons per barrel.
