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Price of 1901793093 Barrels Crude-oil-WTI

1901793093 Barrels of Crude-oil-WTI is equal to
= $114107585580
1901793093 barrels of crude-oil-WTI = $114107585580
19017930930 barrels of crude-oil-WTI = $1141075855800
190179309300 barrels of crude-oil-WTI = $11410758558000
1901793093000 barrels of crude-oil-WTI = $1.1410758558E+14
More Price Conversion:
327 barrels of crude-oil-WTI
526000 barrels of crude-oil-WTI
8966207580 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 Nov 2024.
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.