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Price of 5686989081 Barrels Crude-oil-WTI

5686989081 Barrels of Crude-oil-WTI is equal to
= $341219344860
5686989081 barrels of crude-oil-WTI = $341219344860
56869890810 barrels of crude-oil-WTI = $3412193448600
568698908100 barrels of crude-oil-WTI = $34121934486000
5686989081000 barrels of crude-oil-WTI = $3.4121934486E+14
More Price Conversion:
23 barrels of crude-oil-WTI
566000 barrels of crude-oil-WTI
5512752740 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 Feb 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.