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Price of 7052879467 Barrels Crude-oil-WTI

7052879467 Barrels of Crude-oil-WTI is equal to
= $423172768020
7052879467 barrels of crude-oil-WTI = $423172768020
70528794670 barrels of crude-oil-WTI = $4231727680200
705287946700 barrels of crude-oil-WTI = $42317276802000
7052879467000 barrels of crude-oil-WTI = $4.2317276802E+14
More Price Conversion:
36 barrels of crude-oil-WTI
87000 barrels of crude-oil-WTI
7264763826 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.