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Price of 1553748322 Barrels Crude-oil-WTI

1553748322 Barrels of Crude-oil-WTI is equal to
= $93224899320
1553748322 barrels of crude-oil-WTI = $93224899320
15537483220 barrels of crude-oil-WTI = $932248993200
155374832200 barrels of crude-oil-WTI = $9322489932000
1553748322000 barrels of crude-oil-WTI = $93224899320000
More Price Conversion:
943 barrels of crude-oil-WTI
23000 barrels of crude-oil-WTI
3371231545 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.