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Subjects>Math>Math & Arithmetic

What is the value of 2.5 billion barrels of oil?

Anonymous

∙ 14y ago

Updated: 10/24/2023

We think you'll probably agree that it's going to depend on the value of each barrel.

As we write this, the price of benchmark light sweet crude oil is flirting with $90 a barrel.

At that price, the 2.5 billion barrels under your back yard is worth a cool $225 billion.

Wiki User

∙ 14y ago

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More answers

The value of 2.5 billion barrels of oil depends on several factors, including the current market price of oil. Assuming a general range, if we consider the current market price at around $50 per barrel, then 2.5 billion barrels of oil would be valued at approximately $125 billion. However, it's important to note that oil prices fluctuate regularly, so the actual value may vary.

AnswerBot

∙ 1y ago

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