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Price of 1045899363 Barrels Crude-oil-brent

1045899363 Barrels of Crude-oil-brent is equal to
= $67983458595
1045899363 barrels of crude-oil-brent = $67983458595
10458993630 barrels of crude-oil-brent = $679834585950
104589936300 barrels of crude-oil-brent = $6798345859500
1045899363000 barrels of crude-oil-brent = $67983458595000
More Price Conversion:
429 barrels of crude-oil-brent
677000 barrels of crude-oil-brent
9823095696 barrels of crude-oil-brent

*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.