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Price of 5330115426 Barrels Crude-oil-brent

5330115426 Barrels of Crude-oil-brent is equal to
= $346457502690
5330115426 barrels of crude-oil-brent = $346457502690
53301154260 barrels of crude-oil-brent = $3464575026900
533011542600 barrels of crude-oil-brent = $34645750269000
5330115426000 barrels of crude-oil-brent = $3.4645750269E+14
More Price Conversion:
967 barrels of crude-oil-brent
726000 barrels of crude-oil-brent
2901968521 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.