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Price of 8066641100 Barrels Crude-oil-WTI

8066641100 Barrels of Crude-oil-WTI is equal to
= $483998466000
8066641100 barrels of crude-oil-WTI = $483998466000
80666411000 barrels of crude-oil-WTI = $4839984660000
806664110000 barrels of crude-oil-WTI = $48399846600000
8066641100000 barrels of crude-oil-WTI = $4.83998466E+14
More Price Conversion:
260 barrels of crude-oil-WTI
6000 barrels of crude-oil-WTI
7949344196 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.