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Price of 5809022992 Barrels Crude-oil-brent

5809022992 Barrels of Crude-oil-brent is equal to
= $377586494480
5809022992 barrels of crude-oil-brent = $377586494480
58090229920 barrels of crude-oil-brent = $3775864944800
580902299200 barrels of crude-oil-brent = $37758649448000
5809022992000 barrels of crude-oil-brent = $3.7758649448E+14
More Price Conversion:
728 barrels of crude-oil-brent
648000 barrels of crude-oil-brent
4692329348 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 Feb 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.