Finance Tools

Crude Oil Price per Barrel to Total Cost Calculator (WTI / Brent)

Estimate total crude oil cost using WTI or Brent price per barrel, quantity (barrels), and an optional barrels-to-gallons conversion.

Calculate total crude oil cost using a benchmark price (WTI or Brent). You can override the price per barrel and also estimate cost per gallon using a conversion factor.

Benchmark

Selecting a benchmark sets a sensible default price, but you can edit it below.

Brent price ($ per barrel)

Default: Brent ≈ $82.00/bbl (editable).

Quantity (barrels)

Enter how many barrels you want to price.

Gallons per barrel (optional)

Standard crude oil conversion is 42 US gallons per barrel.

Benchmark: Brent

Total cost: $1230.00

15 barrels × $82.00 = $1230.00

Total gallons (estimate): 630.00 gal

Estimated cost per gallon: $1.9524/gal

Cost per gallon uses 42.0 gal/barrel. This is an estimate, not a retail fuel price.

How to use this crude oil price per barrel to total cost calculator (wti / brent)

Choose a benchmark (WTI or Brent).
Enter the price per barrel for your chosen benchmark (or override it).
Enter quantity in barrels.
Optionally convert barrels to gallons to see estimated cost per gallon.

Example

If Brent is $82.00/bbl and you price 15 barrels (42 gal/bbl):

Total cost = 82.00 × 15 = $1,230.00
Total gallons = 15 × 42 = 630 gal
Cost per gallon ≈ 1,230.00 ÷ 630 ≈ $1.952/gal

More tools in Finance Tools

← Back to Finance Tools

← Back to ToolPhi Home