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Price of 3692879690 Barrels Crude-oil-brent

3692879690 Barrels of Crude-oil-brent is equal to
= $240037179850
3692879690 barrels of crude-oil-brent = $240037179850
36928796900 barrels of crude-oil-brent = $2400371798500
369287969000 barrels of crude-oil-brent = $24003717985000
3692879690000 barrels of crude-oil-brent = $2.4003717985E+14
More Price Conversion:
435 barrels of crude-oil-brent
556000 barrels of crude-oil-brent
9902781175 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 Dec 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.