How many gallons of jet fuel are there per barrel of crude?

Answer According to the U.S. Energy Information Administration, each 42-gallon barrel of crude oil yields 44 gallons of petroleum products. Of those 44 gallons, a little more than four gallons is jet fuel... Read More »

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Does the propane price follow the crude oil price?

Yes, the price of propane follows the price of crude oil. Propane is one of a number of fuels produced from crude oil. Other factors that influence the price of propane include market demand based... Read More »

What affects the price of crude oil?

Crude oil prices change, depending on varying factors in the marketplace. Historically, such changes have been difficult to predict. The model of supply-and-demand generally applies, but other fact... Read More »

Crude Oil Prices Vs. Gasoline Pump Price?

America is the biggest importer of crude oil, with U.S. consumers using more than 19 million barrels of petroleum products daily as of 2008, according to the Department of Energy. Crude oil and gas... Read More »

When does the crude oil daily price gain reset?

Crude oil futures trade Sunday through Friday. The contract will close for the day at 4:15 pm Central time. When the contract reopens at 5:00 pm Central time, the daily price gain will reset back... Read More »