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Price of 1315859149 Barrels Crude-oil-brent

1315859149 Barrels of Crude-oil-brent is equal to
= $85530844685
1315859149 barrels of crude-oil-brent = $85530844685
13158591490 barrels of crude-oil-brent = $855308446850
131585914900 barrels of crude-oil-brent = $8553084468500
1315859149000 barrels of crude-oil-brent = $85530844685000
More Price Conversion:
673 barrels of crude-oil-brent
885000 barrels of crude-oil-brent
7009148759 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.