bbl
Definition
Noun: 1. A unit of capacity for measuring liquids, especially oil and beer: "bbl" is an abbreviation for "barrel," a standard unit of volume. The specific volume differs depending on the commodity being measured. For crude oil and petroleum products, one barrel is defined as 42 US gallons. For beer, one barrel is typically 31 US gallons.
Usage
- "bbl" is primarily used in written contexts, such as industry reports, shipping documents, and financial news, to denote volume.
- It is a standard abbreviation in the energy and brewing industries.
- Example:
- Example:
Advanced Usage
- "per bbl": Used to express a rate or price per single barrel.
- The price of crude oil fell by $2 per bbl.
- "bbl/d" or "bpd": An abbreviation for "barrels per day," a common unit for measuring production or consumption rates in the oil industry.
- The new field produces 100,000 bbl/d.
Variants and Related Words
- Barrel (n): The full, unabbreviated form of "bbl."
- Gallon (n): A smaller unit of liquid volume; there are 42 gallons in a barrel of oil.
- Mbbl: An abbreviation for one thousand barrels.
- MMbbl: An abbreviation for one million barrels.
Synonyms
- Unit of capacity: A general term for any standard quantity used to measure volume.
Notes on Meaning
The meaning of "bbl" is highly specific and context-dependent. Its core definition is a unit of volume, but the exact quantity (31 vs. 42 gallons) depends entirely on the industry or product being discussed. In global commodities trading, "bbl" almost always refers to the 42-gallon oil barrel unless otherwise specified.
Noun
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any of various units of capacity
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a barrel of beer is 31 gallons and a barrel of oil is 42 gallons
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