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Price of 3497493399 Barrels Crude-oil-WTI

3497493399 Barrels of Crude-oil-WTI is equal to
= $209849603940
3497493399 barrels of crude-oil-WTI = $209849603940
34974933990 barrels of crude-oil-WTI = $2098496039400
349749339900 barrels of crude-oil-WTI = $20984960394000
3497493399000 barrels of crude-oil-WTI = $2.0984960394E+14
More Price Conversion:
972 barrels of crude-oil-WTI
362000 barrels of crude-oil-WTI
5522011071 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 Feb 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.