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Price of 9949190087 Barrels Crude-oil-WTI

9949190087 Barrels of Crude-oil-WTI is equal to
= $596951405220
9949190087 barrels of crude-oil-WTI = $596951405220
99491900870 barrels of crude-oil-WTI = $5969514052200
994919008700 barrels of crude-oil-WTI = $59695140522000
9949190087000 barrels of crude-oil-WTI = $5.9695140522E+14
More Price Conversion:
76 barrels of crude-oil-WTI
977000 barrels of crude-oil-WTI
4244616506 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.