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Price of 8711750573 Barrels Crude-oil-WTI

8711750573 Barrels of Crude-oil-WTI is equal to
= $522705034380
8711750573 barrels of crude-oil-WTI = $522705034380
87117505730 barrels of crude-oil-WTI = $5227050343800
871175057300 barrels of crude-oil-WTI = $52270503438000
8711750573000 barrels of crude-oil-WTI = $5.2270503438E+14
More Price Conversion:
663 barrels of crude-oil-WTI
336000 barrels of crude-oil-WTI
2752425736 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 Feb 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.