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Price of 1201458740 Barrels Crude-oil-brent

1201458740 Barrels of Crude-oil-brent is equal to
= $78094818100
1201458740 barrels of crude-oil-brent = $78094818100
12014587400 barrels of crude-oil-brent = $780948181000
120145874000 barrels of crude-oil-brent = $7809481810000
1201458740000 barrels of crude-oil-brent = $78094818100000
More Price Conversion:
693 barrels of crude-oil-brent
606000 barrels of crude-oil-brent
8636818952 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 Apr 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.