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Price of 102459260 Barrels Crude-oil-WTI

102459260 Barrels of Crude-oil-WTI is equal to
= $6147555600
102459260 barrels of crude-oil-WTI = $6147555600
1024592600 barrels of crude-oil-WTI = $61475556000
10245926000 barrels of crude-oil-WTI = $614755560000
102459260000 barrels of crude-oil-WTI = $6147555600000
More Price Conversion:
512 barrels of crude-oil-WTI
108000 barrels of crude-oil-WTI
1233744634 barrels of crude-oil-WTI

*please enter quantity number, select a unit and the type of commodity goods, then click getPrice button.

Precious Metals & Solid Commodity:
Oils & Fuel:
Agricultures & Livestocks:

*The average price as of Nov 2024.
Source: markets.businessinsider.com

Average Commodity Price

Use this tool to find the average price of commodities.

What is a commodity?

In economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.

The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price.

Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemicals and computer memory.