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Price of 1300587384 Barrels Crude-oil-WTI

1300587384 Barrels of Crude-oil-WTI is equal to
= $78035243040
1300587384 barrels of crude-oil-WTI = $78035243040
13005873840 barrels of crude-oil-WTI = $780352430400
130058738400 barrels of crude-oil-WTI = $7803524304000
1300587384000 barrels of crude-oil-WTI = $78035243040000
More Price Conversion:
404 barrels of crude-oil-WTI
479000 barrels of crude-oil-WTI
2979028535 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.