Stock Option Pricing - 2 Main Components, Intrinsic Value & Extrinsic Value. The price of an option contract, or sometimes known as the option premium, consists of 2 main components : Intrinsic Value and Extrinsic Value, governed by the principle of Put Call Parity.
US oil settles down $1.75, or 5.28%, at $31.41 a barrel. A brutal new year selloff in oil markets deepened on Monday, with prices plunging more than 6 percent to new 12-year lows as further ructions in the Chinese stock market threatened to knock crude into the $20s.
Oil and Gas Industry with 330+ answers. An oil barrel (bbl) is 42 US gallons. The yield of gasoline from that varies depending on the source of oil and the refinery technology, but globally ranges from 10-20 gallons per barrel. US refineries run on the high end of that, averaging 19 gallons gasoline per barrel crude oil. The rest of the barrel of oil goes to diesel, jet fuel, asphalt, and so forth.