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Price of 4891775342 Barrels Crude-oil-WTI

4891775342 Barrels of Crude-oil-WTI is equal to
= $293506520520
4891775342 barrels of crude-oil-WTI = $293506520520
48917753420 barrels of crude-oil-WTI = $2935065205200
489177534200 barrels of crude-oil-WTI = $29350652052000
4891775342000 barrels of crude-oil-WTI = $2.9350652052E+14
More Price Conversion:
580 barrels of crude-oil-WTI
124000 barrels of crude-oil-WTI
6294058199 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 Feb 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.