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Price of 2548511433 Barrels Crude-oil-WTI

2548511433 Barrels of Crude-oil-WTI is equal to
= $152910685980
2548511433 barrels of crude-oil-WTI = $152910685980
25485114330 barrels of crude-oil-WTI = $1529106859800
254851143300 barrels of crude-oil-WTI = $15291068598000
2548511433000 barrels of crude-oil-WTI = $1.5291068598E+14
More Price Conversion:
537 barrels of crude-oil-WTI
318000 barrels of crude-oil-WTI
6962547258 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.