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Price of 994 Gallons Heating-oil

994 Gallons of Heating-oil is equal to
= $2014.36
994 gallons of heating-oil = $2014.3560606061
9940 gallons of heating-oil = $20143.560606061
99400 gallons of heating-oil = $201435.60606061
994000 gallons of heating-oil = $2014356.0606061
More Price Conversion:
959 gallons of heating-oil
881000 gallons of heating-oil
9901458720 gallons of heating-oil

*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 Oct 2024.
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.