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Price of 9923071760 Barrels Crude-oil-WTI

9923071760 Barrels of Crude-oil-WTI is equal to
= $595384305600
9923071760 barrels of crude-oil-WTI = $595384305600
99230717600 barrels of crude-oil-WTI = $5953843056000
992307176000 barrels of crude-oil-WTI = $59538430560000
9923071760000 barrels of crude-oil-WTI = $5.953843056E+14
More Price Conversion:
426 barrels of crude-oil-WTI
969000 barrels of crude-oil-WTI
7364651641 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.