Please support this site by disabling or whitelisting the Adblock for "justintools.com". I've spent over 10 trillion microseconds (and counting), on this project. This site is my passion, and I regularly adding new tools/apps. Users experience is very important, that's why I use non-intrusive ads. Any feedback is appreciated. Thank you. Justin XoXo :)

Share on FB Twitter Whatsapp linkedIn Tumblr Reddit Pin Print email

Price of 4932779868 Barrels Crude-oil-brent

4932779868 Barrels of Crude-oil-brent is equal to
= $320630691420
4932779868 barrels of crude-oil-brent = $320630691420
49327798680 barrels of crude-oil-brent = $3206306914200
493277986800 barrels of crude-oil-brent = $32063069142000
4932779868000 barrels of crude-oil-brent = $3.2063069142E+14
More Price Conversion:
791 barrels of crude-oil-brent
898000 barrels of crude-oil-brent
5433745734 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.