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Price of 1638004704 Barrels Crude-oil-brent

1638004704 Barrels of Crude-oil-brent is equal to
= $106470305760
1638004704 barrels of crude-oil-brent = $106470305760
16380047040 barrels of crude-oil-brent = $1064703057600
163800470400 barrels of crude-oil-brent = $10647030576000
1638004704000 barrels of crude-oil-brent = $1.0647030576E+14
More Price Conversion:
729 barrels of crude-oil-brent
49000 barrels of crude-oil-brent
5327764002 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.