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Price of 1144930613 Barrels Crude-oil-WTI

1144930613 Barrels of Crude-oil-WTI is equal to
= $68695836780
1144930613 barrels of crude-oil-WTI = $68695836780
11449306130 barrels of crude-oil-WTI = $686958367800
114493061300 barrels of crude-oil-WTI = $6869583678000
1144930613000 barrels of crude-oil-WTI = $68695836780000
More Price Conversion:
671 barrels of crude-oil-WTI
514000 barrels of crude-oil-WTI
1325130439 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 Sep 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.