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Price of 1160012958 Barrels Crude-oil-brent

1160012958 Barrels of Crude-oil-brent is equal to
= $75400842270
1160012958 barrels of crude-oil-brent = $75400842270
11600129580 barrels of crude-oil-brent = $754008422700
116001295800 barrels of crude-oil-brent = $7540084227000
1160012958000 barrels of crude-oil-brent = $75400842270000
More Price Conversion:
944 barrels of crude-oil-brent
639000 barrels of crude-oil-brent
3330826223 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.