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Price of 1040529226 Barrels Crude-oil-WTI

1040529226 Barrels of Crude-oil-WTI is equal to
= $62431753560
1040529226 barrels of crude-oil-WTI = $62431753560
10405292260 barrels of crude-oil-WTI = $624317535600
104052922600 barrels of crude-oil-WTI = $6243175356000
1040529226000 barrels of crude-oil-WTI = $62431753560000
More Price Conversion:
535 barrels of crude-oil-WTI
286000 barrels of crude-oil-WTI
5070730389 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 Feb 2025.
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.