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Price of 4661132417 Barrels Crude-oil-brent

4661132417 Barrels of Crude-oil-brent is equal to
= $302973607105
4661132417 barrels of crude-oil-brent = $302973607105
46611324170 barrels of crude-oil-brent = $3029736071050
466113241700 barrels of crude-oil-brent = $30297360710500
4661132417000 barrels of crude-oil-brent = $3.02973607105E+14
More Price Conversion:
701 barrels of crude-oil-brent
319000 barrels of crude-oil-brent
1263686872 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.