Search results
Results from the WOW.Com Content Network
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). This standard barrel of oil will occupy a different volume at different pressures and ...
A barrel is one of several units of volume, with dry barrels, fluid barrels (UK beer barrel, US beer barrel), oil barrel, etc. The volume of some barrel units is double others, with various volumes in the range of about 100–200 litres (22–44 imp gal; 26–53 US gal).
Many drums nominally measure just under 880 millimetres (35 in) tall with a diameter just under 610 millimetres (24 in), and have a common nominal volume of 208 litres (55 US gal) whereas the barrel volume of crude oil is 42 US gallons (159 L). In the United States, 25-US-gallon (95-litre) drums are also in common use and have the same height.
As with the hogshead the ale barrel underwent various redefinitions. Initially 32 ale or beer gallons (147.9 L), it was redefined in 1688 as 34 ale or beer gallons (157.1 L) and again in 1803 as 36 ale or beer gallons (166.4 L). barrel (Beer) The beer barrel was defined as 36 ale or beer gallons until the adoption of the imperial system.
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 tun (Old English: tunne, Latin: tunellus, Middle Latin: tunna) is an English unit of liquid volume (not weight), used for measuring wine, oil or honey.It is typically a large vat or vessel, most often holding 252 wine gallons, but occasionally other sizes (e.g. 256, 240 and 208 gallons) were also used.
As that chart shows, Energy Transfer trades at less than 9 times its forward enterprise value-to-EBITDA, which is near the bottom of the barrel in its peer group. That dirt cheap valuation is why ...
A unit of volume is a unit of measurement for measuring volume or capacity, ... 1 barrel = 0.158 987 294 928 = 158.987294928 = 42 US gallons = 9,702 cubic inches: