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Oil price converter — barrels, tonnes, litres and currencies

Convert oil prices between barrels, tonnes, litres and gallons for any crude or product density, and between US dollars, euros, Turkish lira, yuan, sterling and dirhams at the ECB rate of 30 October 2026. Brent at $123.10 per barrel is €110.19 per barrel, ₺6,149 per barrel and about $929 per tonne.

ECB reference rates of 30 October 2026: 1 USD = 0.8951 EUR · 49.95 TRY · 6.653 CNY · 0.7463 GBP.

Equivalent—

These tools are for information and analysis. They use public data (EIA, World Bank, ECB) and transparent formulas, and they are not investment advice or an offer to trade. Check figures against the original source before relying on them.

Method

How it is calculated

Formulas

  • ρ = 141.5 / (131.5 + API)Density in kg per litre at 15 °C from API gravity (API 38.3 → 0.834 kg/L).
  • bbl / t = 1 / (ρ × 0.158987)Barrels per metric tonne; one barrel is 158.987 litres (42 US gallons). Brent-quality crude: about 7.5 bbl/t; heavy Maya: about 6.9; diesel: about 7.5; propane: about 12.4.
  • price / t = price / bbl × bbl / tPrices per tonne, litre, gallon and cubic metre follow from the same volume ratios.
  • EUR = USD / 1.1172 (ECB)Currency conversion uses the daily euro reference rate from the European Central Bank; the AED is derived from its USD peg (3.6725).
Brent at $123.10 per barrel on 27 October 2026, in other currencies and units
Currencyper barrelper tonne (API 38.3)per litre
USD123.109290.774
EUR110.198320.693
TRY6,148.5546,40838.673
CNY818.976,1815.151
GBP91.876930.578
AED452.083,4122.844

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FAQ

Questions about this tool

How many barrels are in a tonne of crude oil?

It depends on density. Light crude such as Brent (API 38.3) has about 7.5 barrels per tonne; medium sour grades around 7.2; heavy crude 6.6 to 7.0. The tool calculates the exact figure from API gravity or density.

What is the Brent price in Turkish lira?

At the ECB rate of 30 October 2026, Brent at $123.10 per barrel equals about ₺6,149 per barrel and ₺46,408 per tonne. The figures update every day.

Why do product prices use gallons?

US product benchmarks (New York Harbor gasoline and diesel, Gulf Coast jet fuel, Mont Belvieu propane) are quoted in dollars per US gallon; multiply by 42 for dollars per barrel. European product prices are quoted per tonne.

Are the exchange rates live?

No. They are the daily euro reference rates published by the European Central Bank at about 16:00 CET, refreshed here every morning. For a transaction, use your bank’s rate on the day.

Need the physical cargo, not just the number?

We trade crude, products, LNG, LPG, urea and base oils against written specifications. Offers follow KYC.

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