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Price of 1085393066 Barrels Crude-oil-WTI

1085393066 Barrels of Crude-oil-WTI is equal to
= $65123583960
1085393066 barrels of crude-oil-WTI = $65123583960
10853930660 barrels of crude-oil-WTI = $651235839600
108539306600 barrels of crude-oil-WTI = $6512358396000
1085393066000 barrels of crude-oil-WTI = $65123583960000
More Price Conversion:
988 barrels of crude-oil-WTI
408000 barrels of crude-oil-WTI
2158808943 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.