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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).
The price difference persisted, however, and was large enough that some oil producers in North Dakota put their oil on tanker cars, and shipped it by rail to the Gulf and East Coast, where it received Brent prices. [32] Brent continued to trade $10–20 higher than WTI for two years, until June 2013. [33]
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 ...
US dry barrel: 7,056 cubic inches (115.6 litres; 3.3 US bushels) . Defined as length of stave 28 + 1 ⁄ 2 in (72 cm), diameter of head 17 + 1 ⁄ 8 in (43 cm), distance between heads 26 in (66 cm), circumference of bulge 64 in (160 cm) outside measurement; representing as nearly as possible 7,056 cubic inches; and the thickness of staves not greater than 4 ⁄ 10 in (10 mm) [2] (diameter ≈ ...
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
The newer 2 1 ⁄ 2 inch and 1.8 inch drive bays are specified in metric and use metric mounting screws. Newer SSDs in the M.2 form factor are measured in millimeters (e.g., "M.2 2280" is 22 mm wide by 80 mm long).
After three long years of drastic hikes, the cost of rent is finally slowing down in Tampa Bay. Since this time last year, the average rent in Tampa Bay has risen only 4.3%, according to a Tampa ...
They include very large and ultra-large crude carriers (VLCCs and ULCCs – see above) with capacities over 250,000 DWT. These ships can transport 2,000,000 barrels (320,000 m 3) of oil/318,000 metric tons. [43] By way of comparison, the United Kingdom consumed about 1.6 million barrels (250,000 m 3) of oil per day in 2009. [45]
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