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Price of 6992730905 Barrels Crude-oil-WTI

6992730905 Barrels of Crude-oil-WTI is equal to
= $419563854300
6992730905 barrels of crude-oil-WTI = $419563854300
69927309050 barrels of crude-oil-WTI = $4195638543000
699273090500 barrels of crude-oil-WTI = $41956385430000
6992730905000 barrels of crude-oil-WTI = $4.195638543E+14
More Price Conversion:
905 barrels of crude-oil-WTI
707000 barrels of crude-oil-WTI
4222605287 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.