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Price of 224090784 Barrels Crude-oil-WTI

224090784 Barrels of Crude-oil-WTI is equal to
= $13445447040
224090784 barrels of crude-oil-WTI = $13445447040
2240907840 barrels of crude-oil-WTI = $134454470400
22409078400 barrels of crude-oil-WTI = $1344544704000
224090784000 barrels of crude-oil-WTI = $13445447040000
More Price Conversion:
735 barrels of crude-oil-WTI
601000 barrels of crude-oil-WTI
2147539601 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.