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Price of 4310761099 Barrels Crude-oil-WTI

4310761099 Barrels of Crude-oil-WTI is equal to
= $258645665940
4310761099 barrels of crude-oil-WTI = $258645665940
43107610990 barrels of crude-oil-WTI = $2586456659400
431076109900 barrels of crude-oil-WTI = $25864566594000
4310761099000 barrels of crude-oil-WTI = $2.5864566594E+14
More Price Conversion:
322 barrels of crude-oil-WTI
569000 barrels of crude-oil-WTI
1653301658 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 Nov 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.