International oil price conversion rules: how to convert international crude oil price and domestic oil price? The international crude oil price is falling continuously, which affects the living cost of each of us and is closely related to our daily life, from car refueling to the whole living expenses. Now that crude oil has dropped from 107 to 50 dollars, what about domestic oil prices? It is necessary for us to learn the international oil price conversion rules. What are the conversion rules for domestic oil prices and international oil prices? Let me do the math for you. Now 50 dollars/barrel is converted into RMB. Crude oil weight and volume conversion: 1 ton =7.3 barrels, 1000 liters = 1 ton. Oil prices in China are generally calculated in litres. We can switch here. How much is the international oil price converted into RMB? For the convenience of calculation, the integer is USD 50/barrel, so 1 ton of crude oil is USD 328.5, and the current US dollar exchange rate is RMB 6. 1 305, so 1 ton of crude oil is RMB 2013.87.