1,000 barrels of oil are generally included in a futures contract, with each barrel containing 55 gallons of oil. Most price speculators don’t have space to store 55,000 gallons of oil and are ...
Brent crude for June delivery rose 49 cents to $89.50 per barrel. Wholesale gasoline for May delivery was unchanged at $2.76 a gallon. May heating oil was unchanged at $2.55 a gallon. May natural ...