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Price of 1269383500 Barrels Crude-oil-brent

1269383500 Barrels of Crude-oil-brent is equal to
= $82509927500
1269383500 barrels of crude-oil-brent = $82509927500
12693835000 barrels of crude-oil-brent = $825099275000
126938350000 barrels of crude-oil-brent = $8250992750000
1269383500000 barrels of crude-oil-brent = $82509927500000
More Price Conversion:
704 barrels of crude-oil-brent
821000 barrels of crude-oil-brent
4051465719 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.