Terms & Glossaries of Shipping and Trading

BBL (Barrel)

A term of measure referring to 42 gallons of liquid at 60℉.

What is BBL (Barrel)?

A barrel is one of several units of volume applied in various contexts; there are dry barrels, fluid barrels, oil barrels, and so forth. For historical reasons the volumes of some barrel units are roughly double the volumes of others; volumes in common use range approximately from 100 to 200 litres.