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Price of 3070199813 Barrels Crude-oil-brent

3070199813 Barrels of Crude-oil-brent is equal to
= $199562987845
3070199813 barrels of crude-oil-brent = $199562987845
30701998130 barrels of crude-oil-brent = $1995629878450
307019981300 barrels of crude-oil-brent = $19956298784500
3070199813000 barrels of crude-oil-brent = $1.99562987845E+14
More Price Conversion:
459 barrels of crude-oil-brent
434000 barrels of crude-oil-brent
2622669720 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.