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Price of 1194483703 Barrels Crude-oil-WTI

1194483703 Barrels of Crude-oil-WTI is equal to
= $71669022180
1194483703 barrels of crude-oil-WTI = $71669022180
11944837030 barrels of crude-oil-WTI = $716690221800
119448370300 barrels of crude-oil-WTI = $7166902218000
1194483703000 barrels of crude-oil-WTI = $71669022180000
More Price Conversion:
564 barrels of crude-oil-WTI
322000 barrels of crude-oil-WTI
5143640187 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 Mar 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.