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Price of 9870200890 Barrels Crude-oil-WTI

9870200890 Barrels of Crude-oil-WTI is equal to
= $592212053400
9870200890 barrels of crude-oil-WTI = $592212053400
98702008900 barrels of crude-oil-WTI = $5922120534000
987020089000 barrels of crude-oil-WTI = $59221205340000
9870200890000 barrels of crude-oil-WTI = $5.922120534E+14
More Price Conversion:
871 barrels of crude-oil-WTI
312000 barrels of crude-oil-WTI
1707076741 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.