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Price of 9824076294 Barrels Crude-oil-WTI

9824076294 Barrels of Crude-oil-WTI is equal to
= $589444577640
9824076294 barrels of crude-oil-WTI = $589444577640
98240762940 barrels of crude-oil-WTI = $5894445776400
982407629400 barrels of crude-oil-WTI = $58944457764000
9824076294000 barrels of crude-oil-WTI = $5.8944457764E+14
More Price Conversion:
248 barrels of crude-oil-WTI
976000 barrels of crude-oil-WTI
9877691555 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.