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Price of 1699041478 Barrels Crude-oil-brent

1699041478 Barrels of Crude-oil-brent is equal to
= $110437696070
1699041478 barrels of crude-oil-brent = $110437696070
16990414780 barrels of crude-oil-brent = $1104376960700
169904147800 barrels of crude-oil-brent = $11043769607000
1699041478000 barrels of crude-oil-brent = $1.1043769607E+14
More Price Conversion:
683 barrels of crude-oil-brent
123000 barrels of crude-oil-brent
4967317168 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 Dec 2024.
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.