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Price of 6895178329 Barrels Crude-oil-WTI

6895178329 Barrels of Crude-oil-WTI is equal to
= $413710699740
6895178329 barrels of crude-oil-WTI = $413710699740
68951783290 barrels of crude-oil-WTI = $4137106997400
689517832900 barrels of crude-oil-WTI = $41371069974000
6895178329000 barrels of crude-oil-WTI = $4.1371069974E+14
More Price Conversion:
953 barrels of crude-oil-WTI
174000 barrels of crude-oil-WTI
1709425829 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 Dec 2024.
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.