How much is a barrel of crude oil?
China's gas stations are denominated in liters1 barrels of =42 gallons = 158.98 liters. L U. S. gallon =3.785 liters, 1 imperial gallons = 4.546 liters. If the volume converted into weight, and the density of the crude oil.
Suppose a crude oil density of 0.99 kg / liter, then the weight of a barrel of crude oil is 158.98x0.99=157.3902 kgFrom the actual situation in 2005, the international crude oil market does not appear the imbalance between supply and demand. In March 2005, the crude oil market demand is the basic monthly decline, but the use of speculative capital OPEC surplus production capacity decline caused by the market for crude oil supply concerns, wantonly long international crude oil futures, high oil prices led to.2005 in December 28th, Xinhua News Agency reported in Iran oil minister suggested that the organization of Petroleum Exporting Countries (OPEC) into production, the comments lead to 28, the international market of crude oil futures prices rose sharply. The New York Mercantile Exchange in February this year, light sweet crude oil futures prices for delivery rose 1.66 dollars a barrel, closing price rose to $59.82; London's International Petroleum Exchange, Beihai Brent crude oil futures prices in February rose to $1.35 a barrel. To close at $57.64.
How many barrels of oil, how to convert?Barrels and two tons of crude oil is a common number of units. The organisation and the western countries. As the number of units of crude oil is usually expressed in barrels, China and Russia and other countries are commonly used metric units as the quantity of crude oil. The conversion between tons and barrels: 1 tons to about 7 barrels of oil, if the matter is lighter (it is about 1 tons), diluted to 7.2 barrels or 7.3 barrels. The United States and Europe's gas station, usually done with a gallon unit,
