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Price of 2810684027 Barrels Crude-oil-WTI

2810684027 Barrels of Crude-oil-WTI is equal to
= $168641041620
2810684027 barrels of crude-oil-WTI = $168641041620
28106840270 barrels of crude-oil-WTI = $1686410416200
281068402700 barrels of crude-oil-WTI = $16864104162000
2810684027000 barrels of crude-oil-WTI = $1.6864104162E+14
More Price Conversion:
34 barrels of crude-oil-WTI
345000 barrels of crude-oil-WTI
5343755613 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 Dec 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.