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Price of 7027607772 Barrels Crude-oil-WTI

7027607772 Barrels of Crude-oil-WTI is equal to
= $421656466320
7027607772 barrels of crude-oil-WTI = $421656466320
70276077720 barrels of crude-oil-WTI = $4216564663200
702760777200 barrels of crude-oil-WTI = $42165646632000
7027607772000 barrels of crude-oil-WTI = $4.2165646632E+14
More Price Conversion:
253 barrels of crude-oil-WTI
590000 barrels of crude-oil-WTI
6445497186 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.