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Price of 1308098836 Barrels Crude-oil-WTI

1308098836 Barrels of Crude-oil-WTI is equal to
= $78485930160
1308098836 barrels of crude-oil-WTI = $78485930160
13080988360 barrels of crude-oil-WTI = $784859301600
130809883600 barrels of crude-oil-WTI = $7848593016000
1308098836000 barrels of crude-oil-WTI = $78485930160000
More Price Conversion:
795 barrels of crude-oil-WTI
521000 barrels of crude-oil-WTI
7342066247 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.