What is the abbreviation for a barrel of crude oil?

The abbreviation indicates one barrel of crude oil, but you may see Gbbl (one billion barrels), as well as Mbbl (one million barrels) or Kbbl for one thousand barrels. For example, you can see that Brent crude oil spot prices are quoted by the barrel (bbl), as are West Texas Intermediate (WTI) oil prices on global futures exchanges like NYMEX.

What is oil barrel?

Oil barrel is a volume measurement unit. An oil barrel (bbl) is a measure of volume of crude oil and other petroleum products.ORT? TT?1 oil barrel = 1.58987295 × 10+35 picometers³. TT?1 oil barrel = 1.58987295 × 10+29 angstroms³.

Who is barrel Oil Corp?

Barrel Oil Corp is an integrated energy company engaged in exploration, production, and processing of crude oil, natural gas, and natural gas liquids. Getting ready to frac our new well in rural MD of Taber, proud to bring on the first new well in this area in several years. Barrel is drilling a new well in Southern Alberta (MD of Taber) this week.