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Price of 4675474523 Barrels Crude-oil-WTI

4675474523 Barrels of Crude-oil-WTI is equal to
= $280528471380
4675474523 barrels of crude-oil-WTI = $280528471380
46754745230 barrels of crude-oil-WTI = $2805284713800
467547452300 barrels of crude-oil-WTI = $28052847138000
4675474523000 barrels of crude-oil-WTI = $2.8052847138E+14
More Price Conversion:
1 barrels of crude-oil-WTI
35000 barrels of crude-oil-WTI
5005044493 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.