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Price of 1103601964 Barrels Crude-oil-WTI

1103601964 Barrels of Crude-oil-WTI is equal to
= $66216117840
1103601964 barrels of crude-oil-WTI = $66216117840
11036019640 barrels of crude-oil-WTI = $662161178400
110360196400 barrels of crude-oil-WTI = $6621611784000
1103601964000 barrels of crude-oil-WTI = $66216117840000
More Price Conversion:
656 barrels of crude-oil-WTI
823000 barrels of crude-oil-WTI
8510266892 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 Jan 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.