Barrels per Day

(redirected from Barrel per day)
Also found in: Encyclopedia.

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.
Mentioned in ?
References in periodicals archive ?
The total oil capacity of the province is 7,843 barrels per day while PSO planned refinery with a total capacity of 36,000 barrel per day.
oil output to decline by two million barrels per day between 1989 and 2011, and then only twenty-four months to completely reverse that decline with a two million barrel per day increase in oil output since the summer of 2011.
Its global demand particularly in the oil market would fall 1.83 percent or 84.03 million a barrels to 1.6 million barrel per day in the year 2009 from its previous forecast of 1.37 million barrel per day in, but its non-OPEC will grow 0.2 million barrels per day to 50.6 million barrel per day.