How much is one barrel of oil approximately equal to?
A
131 litres
B
159 litres
C
257 litres
D
321 litres
Correct Answer: Option B
Explanation
1. A barrel of oil is a standard unit of volume used for crude oil and petroleum products.
2. While the exact volume can vary slightly based on temperature and specific product, the standard measurement for one barrel (bbl) used in the oil industry is defined as 42 US gallons.
3. Converting 42 US gallons to litres (using the conversion factor of approximately 3.78541 litres per US gallon): 42 * 3.78541 ≈ 158.987 litres.
4. This is approximately equal to 159 litres.