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Price of 9789830363 Barrels Crude-oil-WTI

9789830363 Barrels of Crude-oil-WTI is equal to
= $587389821780
9789830363 barrels of crude-oil-WTI = $587389821780
97898303630 barrels of crude-oil-WTI = $5873898217800
978983036300 barrels of crude-oil-WTI = $58738982178000
9789830363000 barrels of crude-oil-WTI = $5.8738982178E+14
More Price Conversion:
964 barrels of crude-oil-WTI
251000 barrels of crude-oil-WTI
5946805718 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.