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barrel (unit)
(redirected from Barrel of oil)

   Also found in: Wikipedia 0.09 sec.

barrel

A unit of liquid capacity, the value of which depends on the liquid being measured. It is used for petroleum, a barrel of which contains 159 litres/42 gallons; a barrel of alcohol contains 189 litres/49.9 gallons.



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in 1970, a bushel of wheat could be traded for a barrel of oil in the world market.
3 billion barrel of oil equivalent (boe) in reserves, its considerable titanium dioxide operations and its credit profile, which has benefited greatly from strong commodity prices.
Production from this well is estimated to be in the 5 to 8 barrel of oil per day range before stimulation.
 
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