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Price of 9328888882 Barrels Crude-oil-WTI

9328888882 Barrels of Crude-oil-WTI is equal to
= $559733332920
9328888882 barrels of crude-oil-WTI = $559733332920
93288888820 barrels of crude-oil-WTI = $5597333329200
932888888200 barrels of crude-oil-WTI = $55973333292000
9328888882000 barrels of crude-oil-WTI = $5.5973333292E+14
More Price Conversion:
223 barrels of crude-oil-WTI
80000 barrels of crude-oil-WTI
7690281448 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 Nov 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.