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Price of 1306848424 Barrels Crude-oil-WTI

1306848424 Barrels of Crude-oil-WTI is equal to
= $78410905440
1306848424 barrels of crude-oil-WTI = $78410905440
13068484240 barrels of crude-oil-WTI = $784109054400
130684842400 barrels of crude-oil-WTI = $7841090544000
1306848424000 barrels of crude-oil-WTI = $78410905440000
More Price Conversion:
563 barrels of crude-oil-WTI
779000 barrels of crude-oil-WTI
9421275778 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.