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Price of 9725105012 Barrels Crude-oil-WTI

9725105012 Barrels of Crude-oil-WTI is equal to
= $583506300720
9725105012 barrels of crude-oil-WTI = $583506300720
97251050120 barrels of crude-oil-WTI = $5835063007200
972510501200 barrels of crude-oil-WTI = $58350630072000
9725105012000 barrels of crude-oil-WTI = $5.8350630072E+14
More Price Conversion:
592 barrels of crude-oil-WTI
104000 barrels of crude-oil-WTI
7946063712 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.