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Price of 8828843923 Barrels Crude-oil-WTI

8828843923 Barrels of Crude-oil-WTI is equal to
= $529730635380
8828843923 barrels of crude-oil-WTI = $529730635380
88288439230 barrels of crude-oil-WTI = $5297306353800
882884392300 barrels of crude-oil-WTI = $52973063538000
8828843923000 barrels of crude-oil-WTI = $5.2973063538E+14
More Price Conversion:
518 barrels of crude-oil-WTI
960000 barrels of crude-oil-WTI
8183284759 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.