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Price of 1097302476 Barrels Crude-oil-brent

1097302476 Barrels of Crude-oil-brent is equal to
= $71324660940
1097302476 barrels of crude-oil-brent = $71324660940
10973024760 barrels of crude-oil-brent = $713246609400
109730247600 barrels of crude-oil-brent = $7132466094000
1097302476000 barrels of crude-oil-brent = $71324660940000
More Price Conversion:
396 barrels of crude-oil-brent
758000 barrels of crude-oil-brent
4289666917 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 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.