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Price of 2734631294 Barrels Crude-oil-brent

2734631294 Barrels of Crude-oil-brent is equal to
= $177751034110
2734631294 barrels of crude-oil-brent = $177751034110
27346312940 barrels of crude-oil-brent = $1777510341100
273463129400 barrels of crude-oil-brent = $17775103411000
2734631294000 barrels of crude-oil-brent = $1.7775103411E+14
More Price Conversion:
533 barrels of crude-oil-brent
255000 barrels of crude-oil-brent
3825926178 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 Feb 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.