Barrel (unit) continued to use the same size barrels. In the worldwide oil industry, an oil barrel is defined as 42 US gallons, which is about litres or 35 imperial gallons. Oil companies that are listed on American stock exchanges typically report their production in terms of volume and use the units of bbl, Mbbl (one thousand barrels), or MMbbl (one million barrels) and occasionally for widest comprehensive statistics the Gbbl (or sometimes Gbl) denoting a billion. There is a conflict concerning the units for oil barrels (see ). For all other physical quantities, according to the International System of Units, the
Imperial and US customary measurement systems (42 US gallons, 34.97 imperial gallons or 159.0 litres) used in the oil industry has the dimension of volume and could be replaced by the gallon, cubic metre or litre. The definitions of potential difference (volt), electric current (ampere), electrical resistance (ohm) were defined in terms of metric units, international agreement having been reached at a series of IEC Congress in Chicago between 1881 and 1906 when the electrical industry was in its infancy. At that time the metric system had become established in continental Europe while in the United Kingdom metrication was an active issue. Similarly, the units of