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Price of 2954232060 Barrels Crude-oil-WTI

2954232060 Barrels of Crude-oil-WTI is equal to
= $177253923600
2954232060 barrels of crude-oil-WTI = $177253923600
29542320600 barrels of crude-oil-WTI = $1772539236000
295423206000 barrels of crude-oil-WTI = $17725392360000
2954232060000 barrels of crude-oil-WTI = $1.772539236E+14
More Price Conversion:
650 barrels of crude-oil-WTI
631000 barrels of crude-oil-WTI
7449827104 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 Nov 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.