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Price of 4413853455 Barrels Crude-oil-WTI

4413853455 Barrels of Crude-oil-WTI is equal to
= $264831207300
4413853455 barrels of crude-oil-WTI = $264831207300
44138534550 barrels of crude-oil-WTI = $2648312073000
441385345500 barrels of crude-oil-WTI = $26483120730000
4413853455000 barrels of crude-oil-WTI = $2.648312073E+14
More Price Conversion:
655 barrels of crude-oil-WTI
715000 barrels of crude-oil-WTI
6680839767 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.