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Price of 4247228615 Barrels Crude-oil-WTI

4247228615 Barrels of Crude-oil-WTI is equal to
= $254833716900
4247228615 barrels of crude-oil-WTI = $254833716900
42472286150 barrels of crude-oil-WTI = $2548337169000
424722861500 barrels of crude-oil-WTI = $25483371690000
4247228615000 barrels of crude-oil-WTI = $2.548337169E+14
More Price Conversion:
402 barrels of crude-oil-WTI
926000 barrels of crude-oil-WTI
4386822226 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.