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Price of 5891660859 Barrels Crude-oil-WTI

5891660859 Barrels of Crude-oil-WTI is equal to
= $353499651540
5891660859 barrels of crude-oil-WTI = $353499651540
58916608590 barrels of crude-oil-WTI = $3534996515400
589166085900 barrels of crude-oil-WTI = $35349965154000
5891660859000 barrels of crude-oil-WTI = $3.5349965154E+14
More Price Conversion:
496 barrels of crude-oil-WTI
631000 barrels of crude-oil-WTI
6334238893 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.