Read in today's news that oil had reached USD100 /barrel. Am just wondering how many litres are there in each barrel, before and after refining?
Read in today's news that oil had reached USD100 /barrel. Am just wondering how many litres are there in each barrel, before and after refining?
A barrel is 1/6.28981 cubic metre. A litre of any products will depend on the specific gravity. For crude oil, the sg is something like 0.98( again depend on the type of crude and temperature).
happy diver, happy golfer
1 barrel = 117.347766 liter so says Google.
One barrel of crude oil makes about 19½ gallons of gasoline, 9 gallons of fuel oil, 4 gallons of jet fuel, and 11 gallons of other products, including lubricants, kerosene, asphalt, and petrochemical feedstocks to make plastics.
Taken from here.
And a barrel is roughly 42 gallons.
Originally Posted by Choon1980
1 barrel of beer is much lesser than that..........
Understand there are various grades of crude oil and their prices varies.
Question is, what grade is Malaysia importing and at what price as compared to what we are exporting, which I believe is of a higher grade...sweet crude?
If we are importing a better grade, we should not be seeing a lot of smoke from our diesel vehicles...yes...including the higher end vehicles, like the 3 pointed stars ...as lower grade crude contains higher contents of sulfur...anyway, I'm not an expert, so what do I know...
BTW, 1 barrel = approx 159 ltrs
And far cheaper than USD100 as well.Originally Posted by jasonbhlee
Seriously though, they don't ship oil in beer barrels.
They don't ship oil in ANY barrels. It is just a unit of measurement.Originally Posted by Choon1980
but of course.Originally Posted by cskok8
Wow. USD100 a barrel eh? With the potential discovery of new wells in Malaysia (as announced last year), it must be contributing a lot to our national coffers![]()
Bob Kee
bobjots : redux
"The hottest place in hell is reserved for those who remain neutral in moral crisis" - Dante
Discovering is one thing. Production is another.Originally Posted by bobkee
Finding 10 billion barrels of oil isn't going to do much good if we can only extract a few hundred barrels a day.
That may be true but aren't we still a nett producing country?
Bob Kee
bobjots : redux
"The hottest place in hell is reserved for those who remain neutral in moral crisis" - Dante
Net producing by a small amount (relatively). We aren't even part of OPEC.Originally Posted by bobkee
And that amount will be 0 by 2011.
USD100. is for Middle East oil... Malaysian crude oil is purportedly lighter and thus more expensive than the heavier crude from the Middle EastOriginally Posted by bobkee
Close, but not just Middle East oil.Originally Posted by USJ27Resident