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Price of 9898861552 Barrels Crude-oil-WTI

9898861552 Barrels of Crude-oil-WTI is equal to
= $593931693120
9898861552 barrels of crude-oil-WTI = $593931693120
98988615520 barrels of crude-oil-WTI = $5939316931200
989886155200 barrels of crude-oil-WTI = $59393169312000
9898861552000 barrels of crude-oil-WTI = $5.9393169312E+14
More Price Conversion:
80 barrels of crude-oil-WTI
625000 barrels of crude-oil-WTI
4145961369 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.