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Price of 4997006186 Barrels Crude-oil-brent

4997006186 Barrels of Crude-oil-brent is equal to
= $324805402090
4997006186 barrels of crude-oil-brent = $324805402090
49970061860 barrels of crude-oil-brent = $3248054020900
499700618600 barrels of crude-oil-brent = $32480540209000
4997006186000 barrels of crude-oil-brent = $3.2480540209E+14
More Price Conversion:
200 barrels of crude-oil-brent
495000 barrels of crude-oil-brent
5903570151 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.