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Price of 3978783301 Barrels Crude-oil-WTI

3978783301 Barrels of Crude-oil-WTI is equal to
= $238726998060
3978783301 barrels of crude-oil-WTI = $238726998060
39787833010 barrels of crude-oil-WTI = $2387269980600
397878330100 barrels of crude-oil-WTI = $23872699806000
3978783301000 barrels of crude-oil-WTI = $2.3872699806E+14
More Price Conversion:
364 barrels of crude-oil-WTI
404000 barrels of crude-oil-WTI
3967301249 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.