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Price of 2082388285 Barrels Crude-oil-brent

2082388285 Barrels of Crude-oil-brent is equal to
= $135355238525
2082388285 barrels of crude-oil-brent = $135355238525
20823882850 barrels of crude-oil-brent = $1353552385250
208238828500 barrels of crude-oil-brent = $13535523852500
2082388285000 barrels of crude-oil-brent = $1.35355238525E+14
More Price Conversion:
677 barrels of crude-oil-brent
937000 barrels of crude-oil-brent
7030440912 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 Nov 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.