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Price of 3706161697 Barrels Crude-oil-WTI

3706161697 Barrels of Crude-oil-WTI is equal to
= $222369701820
3706161697 barrels of crude-oil-WTI = $222369701820
37061616970 barrels of crude-oil-WTI = $2223697018200
370616169700 barrels of crude-oil-WTI = $22236970182000
3706161697000 barrels of crude-oil-WTI = $2.2236970182E+14
More Price Conversion:
337 barrels of crude-oil-WTI
579000 barrels of crude-oil-WTI
6883564336 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 Sep 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.