An oil barrel is only about 75 percent as large at 42 gallons. gal, 200 L) barrel Standard Oil Company blue 55-US gallon (44 imp. The barrel's remaining 53 percent of oil yields distillate and fuel oils, jet fuel, liquefied gases, lubricants, and many other products - including asphalt for roads. Todayâs supertankers, on the average, can hold 2 million barrels or 84 million gallons of crude oil and petroleum products. See also US liquid barrels, US federal barrels, US dry barrels and UK barrels. A barrel of crude oil contains 42 US gallons and each gallon of crude oil weighs about 7 pounds. US Barrels (Oil) to UK Gallons formula. The barrel of oil equivalent (BOE) is a unit of energy based on the approximate energy released by burning one barrel (42 US gallons or 158.9873 litres) of crude oil.The BOE is used by oil and gas companies in their financial statements as a way of combining oil and natural gas reserves and production into a single measure, although this energy equivalence does not take into account the … The crude oil that fills today's barrel can be refined or made into diesel, gasoline, jet fuel, asphalt and liquefied petroleum gas. 4 There is no international standard. Next in line is distillate fuel oil at 10.03 gallons. A barrel of oil is the equivalent of 159 litres (42 gallons) of liquid. Well, one barrel of crude produces 19.5 gal of gasoline plus 22.7 gallons of other petroleum products (or 2.2 gallons more than the original 42 gallons. The 42-gallon standard for a barrel of oil was adopted officially in 1866 when a group of U.S. oil producers gathered in Titusville, Pennsylvania. US Gallons (Liquid) A US capacity measure (for liquid) equal to 4 quarts or 3.785 liters. 7.3 barrels of crude oil (assuming a specific gravity of 33 API) = 6.6-8.0 bbl. US Barrels (Oil) US measurement of volume for petroleum. Many people think of crude oil as a thick, black liquid that is used to source our unquenchable thirst for gasoline. Note also there are different measures of US dry gallons and UK gallons. UK Gallons. The largest share of the 42 gallons of crude oil contained in a standard barrel ends up as finished motor gasoline. US Barrels (Oil) to US Gallons (Liquid) formula. Residual fuel oil accounts for 1.72 gallons of the overall refined product. 2 One barrel is approximately 159 liters, or 42 U.S. gallons. In California, “additional other petroleum products such as alkylates” are added to the crude to create a “processing gain,” such that: Jet fuel comes in a rather distant third place in the refinement process. Every country or group of countries has its own standards. See also US liquid barrels, US federal barrels, US dry barrels and UK barrels. How does whiskey come into the picture? of crude oil (average) 1 ton of oil equivalent = appr. Out of one barrel of crude oil, 19.5 gallons â¦ US Barrels (Oil) to US Gallons (Liquid) formula. Even before this meeting, the 42-gallon watertight tierce was used as a standard shipping container. BUT: The conversion to gasoline depends upon several factors -- refining efficiency, product mix desired by the refiner, quality of the crude to name a few. To achieve an accurate measurement of the amount of oil in a barrel, you need to calculate the density of the oil. It should not be confused with the imperial gallon used in the United Kingdom. A standard oil barrel holds 42 gallons or approximately 159 litres of crude oil. That's a remarkable technological improvement from 70 years ago, when only 11 gallons of gasoline could be produced. 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