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Price of 15356839 Barrels Crude-oil-brent

15356839 Barrels of Crude-oil-brent is equal to
= $998194535
15356839 barrels of crude-oil-brent = $998194535
153568390 barrels of crude-oil-brent = $9981945350
1535683900 barrels of crude-oil-brent = $99819453500
15356839000 barrels of crude-oil-brent = $998194535000
More Price Conversion:
327 barrels of crude-oil-brent
978000 barrels of crude-oil-brent
6175422825 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.