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Price of 4424632217 Barrels Crude-oil-brent

4424632217 Barrels of Crude-oil-brent is equal to
= $287601094105
4424632217 barrels of crude-oil-brent = $287601094105
44246322170 barrels of crude-oil-brent = $2876010941050
442463221700 barrels of crude-oil-brent = $28760109410500
4424632217000 barrels of crude-oil-brent = $2.87601094105E+14
More Price Conversion:
94 barrels of crude-oil-brent
168000 barrels of crude-oil-brent
9475367290 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.