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Price of 1214594330 Barrels Crude-oil-brent

1214594330 Barrels of Crude-oil-brent is equal to
= $78948631450
1214594330 barrels of crude-oil-brent = $78948631450
12145943300 barrels of crude-oil-brent = $789486314500
121459433000 barrels of crude-oil-brent = $7894863145000
1214594330000 barrels of crude-oil-brent = $78948631450000
More Price Conversion:
296 barrels of crude-oil-brent
579000 barrels of crude-oil-brent
8353052336 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.