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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).
According to the American Petroleum Institute (API), a standard barrel of oil is the amount of oil that would occupy a volume of exactly 1 barrel (158.99 L) at reference temperature and pressure conditions of 60 °F (15.6 °C) and 14.696 psi (1,013.25 hPa) (or 1 atm). This standard barrel of oil will occupy a different volume at different ...
The quart (symbol: qt) [1] is a unit of volume equal to a quarter of a gallon. Three kinds of quarts are currently used: the liquid quart and dry quart of the US customary system and the imperial quart of the British imperial system. All are roughly equal to one liter. It is divided into two pints or (in the US) four cups. Historically, the ...
Wine was measured with units based on the wine gallon of 231 cubic inches (3.785 L), beer was measured with units based on an ale gallon of 282 cubic inches (4.621 L) and grain was measured with the Winchester measure with a gallon of approximately 268.8 cubic inches (one eighth of a Winchester bushel or 4.405 L). In 1824, these units were ...
The fuel consumption is an equivalent measure for cars sold outside the United States, typically measured in litres per 100 km traveled; in general, the fuel consumption and miles per gallon would be reciprocals with appropriate conversion factors, but because different countries use different driving cycles to measure fuel consumption, fuel ...
The gallon is a unit of volume in British imperial units and United States customary units.. The imperial gallon (imp gal) is defined as 4.546 09 litres, and is or was used in the United Kingdom and its former colonies, including Ireland, Canada, Australia, New Zealand, India, South Africa, Malaysia and some Caribbean countries, while the US gallon (US gal) is defined as 231 cubic inches (3. ...
The Biden administration said Tuesday it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a bid to lower prices at the pump this summer.
A coefficient of 0.1724 results in full oil parity. [30] GTL is a mechanism to bring down the diesel/gasoline/crude oil international prices at par with the natural gas price in an expanding global natural gas production at cheaper than crude oil price.