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Price of 8219488167 Barrels Crude-oil-WTI

8219488167 Barrels of Crude-oil-WTI is equal to
= $493169290020
8219488167 barrels of crude-oil-WTI = $493169290020
82194881670 barrels of crude-oil-WTI = $4931692900200
821948816700 barrels of crude-oil-WTI = $49316929002000
8219488167000 barrels of crude-oil-WTI = $4.9316929002E+14
More Price Conversion:
873 barrels of crude-oil-WTI
714000 barrels of crude-oil-WTI
4192646672 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.