What is the equivalent volume of one barrel of oil in liters?

Prepare for the Alberta Trade Entrance Exam with flashcards and multiple-choice questions, featuring hints and explanations. Ace your exam!

One barrel of oil is equivalent to 158.99 liters. This standard measurement reflects the quantity used primarily in the oil and gas industry. A barrel is a widely accepted unit for measuring large volumes of crude oil and petroleum products, and knowing its conversion to liters helps in interpretations of production, transport, and pricing within the global market.

In the context of the available options, while the other figures do represent various volumes, they are not associated with the standard measurement of one barrel. For example, 3.785 liters is the equivalent of one US gallon, while 36.369 liters does not denote a common measurement related to barrels of oil, and 1.137 liters is far smaller than the industrial standard for a barrel. Thus, recognizing that one barrel translates specifically to 158.99 liters is crucial for accurate discussions and calculations involving oil production and consumption.

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