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Price of 268328738 Barrels Crude-oil-WTI

268328738 Barrels of Crude-oil-WTI is equal to
= $16099724280
268328738 barrels of crude-oil-WTI = $16099724280
2683287380 barrels of crude-oil-WTI = $160997242800
26832873800 barrels of crude-oil-WTI = $1609972428000
268328738000 barrels of crude-oil-WTI = $16099724280000
More Price Conversion:
603 barrels of crude-oil-WTI
456000 barrels of crude-oil-WTI
6095601146 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.