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Price of 271802240 Barrels Crude-oil-brent

271802240 Barrels of Crude-oil-brent is equal to
= $17667145600
271802240 barrels of crude-oil-brent = $17667145600
2718022400 barrels of crude-oil-brent = $176671456000
27180224000 barrels of crude-oil-brent = $1766714560000
271802240000 barrels of crude-oil-brent = $17667145600000
More Price Conversion:
276 barrels of crude-oil-brent
177000 barrels of crude-oil-brent
3252817356 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.