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Price of 2694602809 Barrels Crude-oil-WTI

2694602809 Barrels of Crude-oil-WTI is equal to
= $161676168540
2694602809 barrels of crude-oil-WTI = $161676168540
26946028090 barrels of crude-oil-WTI = $1616761685400
269460280900 barrels of crude-oil-WTI = $16167616854000
2694602809000 barrels of crude-oil-WTI = $1.6167616854E+14
More Price Conversion:
599 barrels of crude-oil-WTI
505000 barrels of crude-oil-WTI
9329980820 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 Feb 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.