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Price of 2951513755 Barrels Crude-oil-WTI

2951513755 Barrels of Crude-oil-WTI is equal to
= $177090825300
2951513755 barrels of crude-oil-WTI = $177090825300
29515137550 barrels of crude-oil-WTI = $1770908253000
295151375500 barrels of crude-oil-WTI = $17709082530000
2951513755000 barrels of crude-oil-WTI = $1.770908253E+14
More Price Conversion:
996 barrels of crude-oil-WTI
906000 barrels of crude-oil-WTI
5380468105 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.