A unit of capacity in the oil industry.
|1 barrel (petroleum)||=||35 gallon (UK)||1 barrel (petroleum)||=||42 gallon (US)|
|1 barrel (petroleum)||=||0.1589873 m3|
- Oil consumption is measured in millions of barrels per day.
- World oil consumption.
Abbreviations: Mbbl, Mbo, MMb, or Mb
Unit of volume used in the energy industry, equal to one million barrels of oil. One megabarrel equals 42 million U. S. gallons.