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Barrels per Day

   Also found in: Dictionary/thesaurus, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Barrels per Day
The most common measure of how much oil a well, company, or country produces. Barrels per day is especially important because oil is priced by the barrel in the commodities market.


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85 million barrels per day in the second half of the next decade.
Maurizio said the current total oilAaandAagasAaproduction of the company stood at 350,000 barrels per day and this formed about 15 per cent of its overall production capacity.
Raising its estimate for global oil demand this year by 120,000 barrels per day from the figure in the May report, the IEA said this reflected "stronger-than-expected early-year OECD demand.
 
 
 
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