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Price of 380485423 Barrels Crude-oil-WTI

380485423 Barrels of Crude-oil-WTI is equal to
= $22829125380
380485423 barrels of crude-oil-WTI = $22829125380
3804854230 barrels of crude-oil-WTI = $228291253800
38048542300 barrels of crude-oil-WTI = $2282912538000
380485423000 barrels of crude-oil-WTI = $22829125380000
More Price Conversion:
334 barrels of crude-oil-WTI
938000 barrels of crude-oil-WTI
2688483574 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.