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Price of 5345646244 Barrels Crude-oil-WTI

5345646244 Barrels of Crude-oil-WTI is equal to
= $320738774640
5345646244 barrels of crude-oil-WTI = $320738774640
53456462440 barrels of crude-oil-WTI = $3207387746400
534564624400 barrels of crude-oil-WTI = $32073877464000
5345646244000 barrels of crude-oil-WTI = $3.2073877464E+14
More Price Conversion:
364 barrels of crude-oil-WTI
401000 barrels of crude-oil-WTI
7327165735 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 Dec 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.