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Price of 5358616913 Barrels Crude-oil-WTI

5358616913 Barrels of Crude-oil-WTI is equal to
= $321517014780
5358616913 barrels of crude-oil-WTI = $321517014780
53586169130 barrels of crude-oil-WTI = $3215170147800
535861691300 barrels of crude-oil-WTI = $32151701478000
5358616913000 barrels of crude-oil-WTI = $3.2151701478E+14
More Price Conversion:
869 barrels of crude-oil-WTI
741000 barrels of crude-oil-WTI
2988866492 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.