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Price of 8785350319 Barrels Crude-oil-WTI

8785350319 Barrels of Crude-oil-WTI is equal to
= $527121019140
8785350319 barrels of crude-oil-WTI = $527121019140
87853503190 barrels of crude-oil-WTI = $5271210191400
878535031900 barrels of crude-oil-WTI = $52712101914000
8785350319000 barrels of crude-oil-WTI = $5.2712101914E+14
More Price Conversion:
898 barrels of crude-oil-WTI
607000 barrels of crude-oil-WTI
4838268721 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.