👉 In the context of petroleum industry, a "bbl" is used to denote barrels of oil. It's an international unit representing volume in gallons and cubic feet. So, it's like a gallon or a cubic foot for oil reserves.
👉 Bbl is a unit of measurement used in the United States and Canada to represent barrels of oil. It is equivalent to approximately 35.4 cubic feet (or 1,062 gallons). This metric system unit is widely used in industries such as transportation, construction, and agriculture for measuring volume and quantity.