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Price of 1489297449 Barrels Crude-oil-WTI

1489297449 Barrels of Crude-oil-WTI is equal to
= $89357846940
1489297449 barrels of crude-oil-WTI = $89357846940
14892974490 barrels of crude-oil-WTI = $893578469400
148929744900 barrels of crude-oil-WTI = $8935784694000
1489297449000 barrels of crude-oil-WTI = $89357846940000
More Price Conversion:
693 barrels of crude-oil-WTI
31000 barrels of crude-oil-WTI
6527591984 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.