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Price of 5289878709 Barrels Crude-oil-WTI

5289878709 Barrels of Crude-oil-WTI is equal to
= $317392722540
5289878709 barrels of crude-oil-WTI = $317392722540
52898787090 barrels of crude-oil-WTI = $3173927225400
528987870900 barrels of crude-oil-WTI = $31739272254000
5289878709000 barrels of crude-oil-WTI = $3.1739272254E+14
More Price Conversion:
887 barrels of crude-oil-WTI
300000 barrels of crude-oil-WTI
9449045617 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.