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Price of 2018791903 Barrels Crude-oil-WTI

2018791903 Barrels of Crude-oil-WTI is equal to
= $121127514180
2018791903 barrels of crude-oil-WTI = $121127514180
20187919030 barrels of crude-oil-WTI = $1211275141800
201879190300 barrels of crude-oil-WTI = $12112751418000
2018791903000 barrels of crude-oil-WTI = $1.2112751418E+14
More Price Conversion:
768 barrels of crude-oil-WTI
661000 barrels of crude-oil-WTI
6818408193 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.