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Price of 9982500459 Barrels Crude-oil-WTI

9982500459 Barrels of Crude-oil-WTI is equal to
= $598950027540
9982500459 barrels of crude-oil-WTI = $598950027540
99825004590 barrels of crude-oil-WTI = $5989500275400
998250045900 barrels of crude-oil-WTI = $59895002754000
9982500459000 barrels of crude-oil-WTI = $5.9895002754E+14
More Price Conversion:
431 barrels of crude-oil-WTI
533000 barrels of crude-oil-WTI
3697617326 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.