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Price of 7098498208 Barrels Crude-oil-WTI

7098498208 Barrels of Crude-oil-WTI is equal to
= $425909892480
7098498208 barrels of crude-oil-WTI = $425909892480
70984982080 barrels of crude-oil-WTI = $4259098924800
709849820800 barrels of crude-oil-WTI = $42590989248000
7098498208000 barrels of crude-oil-WTI = $4.2590989248E+14
More Price Conversion:
766 barrels of crude-oil-WTI
721000 barrels of crude-oil-WTI
4550499119 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.