What is the $ value of petroleum in the global market?

Please cite your sources if you can (:
thank you very much for any answers!

One Response to “What is the $ value of petroleum in the global market?”

  1. SDD Says:

    There were 86,344,798 bbls of petroleum produced per day in 2010. So if oil is worth $100/barrel, that would be $8,600,000,000 per day