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Price of 1034169919 Barrels Crude-oil-WTI

1034169919 Barrels of Crude-oil-WTI is equal to
= $62050195140
1034169919 barrels of crude-oil-WTI = $62050195140
10341699190 barrels of crude-oil-WTI = $620501951400
103416991900 barrels of crude-oil-WTI = $6205019514000
1034169919000 barrels of crude-oil-WTI = $62050195140000
More Price Conversion:
878 barrels of crude-oil-WTI
124000 barrels of crude-oil-WTI
2551156476 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.