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Price of 2762768562 Barrels Crude-oil-brent

2762768562 Barrels of Crude-oil-brent is equal to
= $179579956530
2762768562 barrels of crude-oil-brent = $179579956530
27627685620 barrels of crude-oil-brent = $1795799565300
276276856200 barrels of crude-oil-brent = $17957995653000
2762768562000 barrels of crude-oil-brent = $1.7957995653E+14
More Price Conversion:
863 barrels of crude-oil-brent
639000 barrels of crude-oil-brent
6717060601 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.