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Price of 3104307419 Barrels Crude-oil-WTI

3104307419 Barrels of Crude-oil-WTI is equal to
= $186258445140
3104307419 barrels of crude-oil-WTI = $186258445140
31043074190 barrels of crude-oil-WTI = $1862584451400
310430741900 barrels of crude-oil-WTI = $18625844514000
3104307419000 barrels of crude-oil-WTI = $1.8625844514E+14
More Price Conversion:
904 barrels of crude-oil-WTI
664000 barrels of crude-oil-WTI
9998632001 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.