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Price of 3896323334 Barrels Crude-oil-WTI

3896323334 Barrels of Crude-oil-WTI is equal to
= $233779400040
3896323334 barrels of crude-oil-WTI = $233779400040
38963233340 barrels of crude-oil-WTI = $2337794000400
389632333400 barrels of crude-oil-WTI = $23377940004000
3896323334000 barrels of crude-oil-WTI = $2.3377940004E+14
More Price Conversion:
9 barrels of crude-oil-WTI
590000 barrels of crude-oil-WTI
4877203817 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.