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Price of 3798839838 Barrels Crude-oil-brent

3798839838 Barrels of Crude-oil-brent is equal to
= $246924589470
3798839838 barrels of crude-oil-brent = $246924589470
37988398380 barrels of crude-oil-brent = $2469245894700
379883983800 barrels of crude-oil-brent = $24692458947000
3798839838000 barrels of crude-oil-brent = $2.4692458947E+14
More Price Conversion:
360 barrels of crude-oil-brent
842000 barrels of crude-oil-brent
5627311214 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.