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Price of 6339991541 Barrels Crude-oil-WTI

6339991541 Barrels of Crude-oil-WTI is equal to
= $380399492460
6339991541 barrels of crude-oil-WTI = $380399492460
63399915410 barrels of crude-oil-WTI = $3803994924600
633999154100 barrels of crude-oil-WTI = $38039949246000
6339991541000 barrels of crude-oil-WTI = $3.8039949246E+14
More Price Conversion:
401 barrels of crude-oil-WTI
652000 barrels of crude-oil-WTI
3075250212 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.