How much is a barrel of crude oil? Equivalent to the domestic RMB quotation
The central parity of RMB exchange rate is the most important reference index for the spot foreign exchange market and the exchange rate.Way of RMB exchange rate against the U.S. dollar is the formation of China: foreign exchange trading center in the daily interbank foreign exchange market before the opening to all the inter-bank foreign exchange market maker inquiry, and all the market maker as a sample calculation of RMB exchange rate against the U.S. dollar, eliminating the highest and lowest quotations, the remaining market maker weighted average and get the RMB exchange rate against the U.S. dollar on the same day, weighted by Chinese foreign exchange trading center according to the volume of transactions in the inter-bank foreign exchange market quotation and quotation index etc..RMB against the euro, yen and dollar exchange rate by the middle Chinese foreign exchange trading center respectively according to the date of the RMB against the U.S. dollar and 9 in the morning when the international foreign exchange market, the euro yen and HK dollar exchange rate determined by the cross
Us] 1 gallon =3.785 liters [British] 1 gallon =4.546 liters, Europe and other countries of the gas station, generally "gallons" to do, and China the gas station is "L" valuation. How much is a barrel of crude oil? As already known, a barrel of crude oil is about 159 liters. At present, the domestic market price of gasoline 6.20 yuan / liter, so a barrel of gasoline is $6.20 / L X159 liter =985.8 yuan /. 1, the exchange rate is equal to the weighted average of the exchange rate and the exchange rate.
With the rise of international crude oil investment, many friends asked about the details of crude oil investment. Crude oil prices quoted unit is the dollar / barrel, while the domestic crude oil exchanges are quoted in rmb. The world average proportion of crude oil with a ton of 7.3 barrels (US 42 gallons / barrel) or to 1.1610 kiloliters to calculate. Therefore, a barrel of crude oil is about 159 liters or 137 kg. 1 barrels =158.98 liters =0.14 ton =42 gallon.
