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Price of 2283806396 Barrels Crude-oil-WTI

2283806396 Barrels of Crude-oil-WTI is equal to
= $137028383760
2283806396 barrels of crude-oil-WTI = $137028383760
22838063960 barrels of crude-oil-WTI = $1370283837600
228380639600 barrels of crude-oil-WTI = $13702838376000
2283806396000 barrels of crude-oil-WTI = $1.3702838376E+14
More Price Conversion:
692 barrels of crude-oil-WTI
877000 barrels of crude-oil-WTI
6237673598 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 Oct 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.