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Price of 9714166922 Barrels Crude-oil-WTI

9714166922 Barrels of Crude-oil-WTI is equal to
= $582850015320
9714166922 barrels of crude-oil-WTI = $582850015320
97141669220 barrels of crude-oil-WTI = $5828500153200
971416692200 barrels of crude-oil-WTI = $58285001532000
9714166922000 barrels of crude-oil-WTI = $5.8285001532E+14
More Price Conversion:
824 barrels of crude-oil-WTI
761000 barrels of crude-oil-WTI
8118232272 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.