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American Petroleum Institute reports that 1 barrel of oil produced 19.4 gallons of gasoline per barrel based on average yields for U.S. refineries in 2000.They also report that The total volume of products made is 2.6 gallons greater than the original 42 gallons of crude oil.
Quick Answer. A standard oil barrel holds 42 gallons or approximately 159 litres of crude oil. Using the industry standard barrel of oil equivalent (BOE), a barrel of crude oil is said to be equal to 6,000 cubic feet of natural gas with an energy equivalent of 1,700 kilowatt hours. Continue Reading.