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Price of 1480380539 Barrels Crude-oil-brent

1480380539 Barrels of Crude-oil-brent is equal to
= $96224735035
1480380539 barrels of crude-oil-brent = $96224735035
14803805390 barrels of crude-oil-brent = $962247350350
148038053900 barrels of crude-oil-brent = $9622473503500
1480380539000 barrels of crude-oil-brent = $96224735035000
More Price Conversion:
460 barrels of crude-oil-brent
571000 barrels of crude-oil-brent
7169352342 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.