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Price of 4004100591 Barrels Crude-oil-WTI

4004100591 Barrels of Crude-oil-WTI is equal to
= $240246035460
4004100591 barrels of crude-oil-WTI = $240246035460
40041005910 barrels of crude-oil-WTI = $2402460354600
400410059100 barrels of crude-oil-WTI = $24024603546000
4004100591000 barrels of crude-oil-WTI = $2.4024603546E+14
More Price Conversion:
474 barrels of crude-oil-WTI
777000 barrels of crude-oil-WTI
5971335834 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.