MLchartDataset catalogue

BBL or bbl

Term · Oil and gas · MLC-T-OAG-000300

A standard unit of volume for crude oil and other petroleum products, equivalent to 42 US gallons or approximately 159 liters. This measurement originated from the wooden barrels used to transport oil in the early days of the industry. It remains the primary unit for pricing and trading oil globally.

Table 1. Record
IdentifierMLC-T-OAG-000300
FieldOil and gas
SubjectDrilling Fluids
Record as JSON 
{
  "id": "MLC-T-OAG-000300",
  "term": "BBL or bbl",
  "field": "Oil and gas",
  "definition": "A standard unit of volume for crude oil and other petroleum products, equivalent to 42 US gallons or approximately 159 liters. This measurement originated from the wooden barrels used to transport oil in the early days of the industry. It remains the primary unit for pricing and trading oil globally.",
  "subject": "Drilling Fluids",
  "url": "https://mlchart.com/terminology/oil-and-gas/bbl-or-bbl/"
}

Record 325 of 4,469 in Oil and gas terminology (MLC-0103). Request the full dataset.