On Friday 07 March 2008 02:07, Pat Naughtin wrote: > By the way, the oil barrel never actually existed in any physical > sense. No oil has ever actually been poured into a barrel for > measuring purposes. The oil barrel is a theoretical construct based > on a notional compromise barrel of about 35 UK gallons (BP), about 42 > USA gallons (Exxon), or about 159 litres (Shell). The price per > barrel you see in the morning paper is there simply there for pricing > in such a way that the public will not understand the pricing process.
Is there anyone who reports the price of oil per litre or per tonne? I've been in Brazil, and they report oil in barrels there. Pierre
