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Price of 5620587407 Barrels Crude-oil-WTI

5620587407 Barrels of Crude-oil-WTI is equal to
= $337235244420
5620587407 barrels of crude-oil-WTI = $337235244420
56205874070 barrels of crude-oil-WTI = $3372352444200
562058740700 barrels of crude-oil-WTI = $33723524442000
5620587407000 barrels of crude-oil-WTI = $3.3723524442E+14
More Price Conversion:
708 barrels of crude-oil-WTI
365000 barrels of crude-oil-WTI
4024979997 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.