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Price of 4566597055 Barrels Crude-oil-brent

4566597055 Barrels of Crude-oil-brent is equal to
= $296828808575
4566597055 barrels of crude-oil-brent = $296828808575
45665970550 barrels of crude-oil-brent = $2968288085750
456659705500 barrels of crude-oil-brent = $29682880857500
4566597055000 barrels of crude-oil-brent = $2.96828808575E+14
More Price Conversion:
937 barrels of crude-oil-brent
883000 barrels of crude-oil-brent
4064139823 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 Sep 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.