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Price of 3429321212 Barrels Crude-oil-brent

3429321212 Barrels of Crude-oil-brent is equal to
= $222905878780
3429321212 barrels of crude-oil-brent = $222905878780
34293212120 barrels of crude-oil-brent = $2229058787800
342932121200 barrels of crude-oil-brent = $22290587878000
3429321212000 barrels of crude-oil-brent = $2.2290587878E+14
More Price Conversion:
918 barrels of crude-oil-brent
199000 barrels of crude-oil-brent
3957538285 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 Nov 2024.
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.