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Price of 276382985 Barrels Crude-oil-WTI

276382985 Barrels of Crude-oil-WTI is equal to
= $16582979100
276382985 barrels of crude-oil-WTI = $16582979100
2763829850 barrels of crude-oil-WTI = $165829791000
27638298500 barrels of crude-oil-WTI = $1658297910000
276382985000 barrels of crude-oil-WTI = $16582979100000
More Price Conversion:
186 barrels of crude-oil-WTI
624000 barrels of crude-oil-WTI
5275129755 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.