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Price of 2786927455 Barrels Crude-oil-WTI

2786927455 Barrels of Crude-oil-WTI is equal to
= $167215647300
2786927455 barrels of crude-oil-WTI = $167215647300
27869274550 barrels of crude-oil-WTI = $1672156473000
278692745500 barrels of crude-oil-WTI = $16721564730000
2786927455000 barrels of crude-oil-WTI = $1.672156473E+14
More Price Conversion:
34 barrels of crude-oil-WTI
29000 barrels of crude-oil-WTI
7428044248 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.