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Price of 1114864684 Barrels Crude-oil-brent

1114864684 Barrels of Crude-oil-brent is equal to
= $72466204460
1114864684 barrels of crude-oil-brent = $72466204460
11148646840 barrels of crude-oil-brent = $724662044600
111486468400 barrels of crude-oil-brent = $7246620446000
1114864684000 barrels of crude-oil-brent = $72466204460000
More Price Conversion:
339 barrels of crude-oil-brent
902000 barrels of crude-oil-brent
7151900624 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.