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Price of 2969957157 Barrels Crude-oil-brent

2969957157 Barrels of Crude-oil-brent is equal to
= $193047215205
2969957157 barrels of crude-oil-brent = $193047215205
29699571570 barrels of crude-oil-brent = $1930472152050
296995715700 barrels of crude-oil-brent = $19304721520500
2969957157000 barrels of crude-oil-brent = $1.93047215205E+14
More Price Conversion:
356 barrels of crude-oil-brent
682000 barrels of crude-oil-brent
9027630981 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.