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Price of 8249364243 Barrels Crude-oil-WTI

8249364243 Barrels of Crude-oil-WTI is equal to
= $494961854580
8249364243 barrels of crude-oil-WTI = $494961854580
82493642430 barrels of crude-oil-WTI = $4949618545800
824936424300 barrels of crude-oil-WTI = $49496185458000
8249364243000 barrels of crude-oil-WTI = $4.9496185458E+14
More Price Conversion:
129 barrels of crude-oil-WTI
113000 barrels of crude-oil-WTI
2703885512 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 Dec 2024.
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.