Search results
Results from the WOW.Com Content Network
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).
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.
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 ≈ ...
Note that the m³ gas conversion factor takes into account a difference in the standard temperature base for measurement of gas volumes in metric and imperial units. The standard temperature for metric measurement is 15 degrees Celsius (i.e. 59 degrees Fahrenheit) while for English measurement the standard temperature is 60 °F.
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 ...
Petroleum refining in the United States in 2024 had a capacity of 18.4 million barrels per day. [2] Although the US was the world's largest net importer of refined petroleum products as recently as 2008, the US became a net exporter in 2010, and in 2014 was the largest exporter and the largest net exporter of refined petroleum. [ 3 ]
For premium support please call: 800-290-4726 more ways to reach us
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]