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Price of 8976002338 Barrels Crude-oil-WTI

8976002338 Barrels of Crude-oil-WTI is equal to
= $538560140280
8976002338 barrels of crude-oil-WTI = $538560140280
89760023380 barrels of crude-oil-WTI = $5385601402800
897600233800 barrels of crude-oil-WTI = $53856014028000
8976002338000 barrels of crude-oil-WTI = $5.3856014028E+14
More Price Conversion:
426 barrels of crude-oil-WTI
658000 barrels of crude-oil-WTI
1092960153 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.