Barrels Per Day - B/D

Dictionary Says

Definition of 'Barrels Per Day - B/D'

A measure of oil output, represented by the number of barrels of oil produced in a single day. For example, you might hear "country ABC has the potential to produce five million  barrels per day". The abbreviation "bbl/d" can also be used to represent this production measure.
Investopedia Says

Investopedia explains 'Barrels Per Day - B/D'

The barrels-per-day measure is commonly used in the oil spot markets, as prices are usually quoted in terms of dollars per barrel. One barrel of oil contains approximately 42 U.S. gallons, or 35 imperial gallons, and weighs approximately 0.134 tons.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Price Per Flowing Barrel

    A metric used to ...
  2. Estimated Ultimate Recovery - EUR

    A production ...
  3. Brent Blend

    A type of sweet ...
  4. Sour Crude

    The name given ...
  5. Sweet Crude

    A type of oil ...
  6. Hotelling's Theory

    This theory ...
  7. Rig Utilization Rate

    A ratio used in ...
  8. OPEC Basket

    A weighted ...
  9. Organization Of Petroleum Exporting ...

    An organization ...
  10. Peak Oil

    A hypothetical ...

Articles Of Interest

  1. Futures Fundamentals

    For those who are new to futures but want a solid understanding of them, this tutorial explains what futures contracts are, how they work and why investors use them.
  2. Oil And Gas Industry Primer

    Before jumping into this hot sector, learn how these companies make their money.
  3. Derivatives 101

    Learn how to use this type of investment as an alternative way to participate in the market.
  4. Risk Tolerance Only Tells Half The Story

    Just because you're willing to accept a risk, doesn't mean you always should.
  5. Investors: Rely On Your Gut

    Find out how your personality and natural instincts can direct your investment choices.
  6. Simplify Your Portfolio

    Faced with an overabundance of choices, many investors forget to stick to the basics.
  7. Hedging With ETFs: A Cost-Effective Alternative

    The benefits of ETFs for hedging are clear and investors of all sizes are taking notice.
  8. Minis Provide Low-Cost Entry To Futures Market

    These contracts provide access to commodities without a huge capital commitment.
  9. Forget The Stop, You've Got Options

    Using options instead of stop-loss orders adds finesse and control in limiting losses.
  10. Offset Risk With Options, Futures And Hedge Funds

    Though all portfolios contain some risk, there are ways to lower it. Find out how.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center