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1 is a required parameter, which specifies the number of oil barrels to be converted to tonnes (metric tons). Please do not format this parameter; i.e., use 1234 instead of 1,234. API is the API gravity factor. The default value is 33.4, corresponding to a density of 858.1 kg/m³ or 7.330 bbl/t at 60 °F.
Metric regions commonly use the tonne of oil equivalent (toe), or more often million toe (Mtoe). Since this is a measurement of mass, any conversion to barrels of oil equivalent depends on the density of the oil in question, as well as the energy content. Typically 1 tonne of oil has a volume of 1.08 to 1.19 cubic metres (6.8 to 7.5 bbl).
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
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On April 20, 2020, WTI's May contract closed at -$37.63/barrel while the June contract closed at positive $20.43/barrel. [22] Prices mainly dropped due to the COVID-19 pandemic, which reduced demand, with storage issues and the expiration of the May contract on the following day resulting in reduced trading.
Escalating tensions abroad could push oil prices to roughly $90 per barrel, according to one analyst. Prices weren't too far from those levels on Monday, as Brent hovered above $86 per barrel ...
Gas prices in South Florida. Miami-Dade: The average price: $3.14 a gallon, up 5.6 cents from last week, according to GasBuddy’s survey of nearly 1,700 stations in the region. Cheapest gas in ...
Natural gas prices 2000 - May 23, 2022 Comparison of natural gas prices in Japan, United Kingdom, and United States, 2007-2011 Natural gas prices at the Henry Hub in US Dollars per million Btu for the 2000-2010 decade. Price per million BTU of oil and natural gas in the US, 1998-2015