A standard oil barrel holds 42 gallons or approximately 159 litres of crude oil. Using the industry standard "barrel of oil equivalent" (BOE), a barrel of crude oil is said to be equal to 6,000 cubic feet of natural gas with an energy equivalent of 1,700 kilowatt hours.
The standard 42gallon barrel, which had been carefully crafted and used to ship dry goods for hundreds of years, was made watertight and adopted for use in the petroleum industry in 1872. A full barrel carries enough oil to make shipping profitable, and weighs in at the top end of what could be physically managed by the men moving them.
Since 1 barrel = exactly 42 American gallons, and 3.785431178 liters = 1 gallon, then. 42 x 3.78 = 158.987 liters = 1 barrel.
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159 liters = 35 gallons = 1 barrel of oil. Source(s) http://www.schoolscience.co.uk/content/4….
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A barrel of oil is 42 US gallons (equal to 159 litres) Therms is used to calculate gas energy. 1 barrel of crude oil is 5,800,000 Btu. report this answer. Updated on Friday, February
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Crude prices are based on supply/demand scenario and is very volatile. Because of this, there is no systematic cost break down for any crude type. However, different crudes can be
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