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Price of 8379408244 Barrels Crude-oil-WTI

8379408244 Barrels of Crude-oil-WTI is equal to
= $502764494640
8379408244 barrels of crude-oil-WTI = $502764494640
83794082440 barrels of crude-oil-WTI = $5027644946400
837940824400 barrels of crude-oil-WTI = $50276449464000
8379408244000 barrels of crude-oil-WTI = $5.0276449464E+14
More Price Conversion:
148 barrels of crude-oil-WTI
942000 barrels of crude-oil-WTI
7303349104 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.