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Price of 1808309937 Barrels Crude-oil-WTI

1808309937 Barrels of Crude-oil-WTI is equal to
= $108498596220
1808309937 barrels of crude-oil-WTI = $108498596220
18083099370 barrels of crude-oil-WTI = $1084985962200
180830993700 barrels of crude-oil-WTI = $10849859622000
1808309937000 barrels of crude-oil-WTI = $1.0849859622E+14
More Price Conversion:
723 barrels of crude-oil-WTI
814000 barrels of crude-oil-WTI
5562314480 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.