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Price of 170794737 Barrels Crude-oil-brent

170794737 Barrels of Crude-oil-brent is equal to
= $11101657905
170794737 barrels of crude-oil-brent = $11101657905
1707947370 barrels of crude-oil-brent = $111016579050
17079473700 barrels of crude-oil-brent = $1110165790500
170794737000 barrels of crude-oil-brent = $11101657905000
More Price Conversion:
619 barrels of crude-oil-brent
515000 barrels of crude-oil-brent
5601758038 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.