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Price of 7226358880 Barrels Crude-oil-WTI

7226358880 Barrels of Crude-oil-WTI is equal to
= $433581532800
7226358880 barrels of crude-oil-WTI = $433581532800
72263588800 barrels of crude-oil-WTI = $4335815328000
722635888000 barrels of crude-oil-WTI = $43358153280000
7226358880000 barrels of crude-oil-WTI = $4.335815328E+14
More Price Conversion:
157 barrels of crude-oil-WTI
447000 barrels of crude-oil-WTI
7212812945 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.