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Price of 5094216222 Barrels Crude-oil-WTI

5094216222 Barrels of Crude-oil-WTI is equal to
= $305652973320
5094216222 barrels of crude-oil-WTI = $305652973320
50942162220 barrels of crude-oil-WTI = $3056529733200
509421622200 barrels of crude-oil-WTI = $30565297332000
5094216222000 barrels of crude-oil-WTI = $3.0565297332E+14
More Price Conversion:
497 barrels of crude-oil-WTI
509000 barrels of crude-oil-WTI
3184898063 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.