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Price of 5938927806 Barrels Crude-oil-brent

5938927806 Barrels of Crude-oil-brent is equal to
= $386030307390
5938927806 barrels of crude-oil-brent = $386030307390
59389278060 barrels of crude-oil-brent = $3860303073900
593892780600 barrels of crude-oil-brent = $38603030739000
5938927806000 barrels of crude-oil-brent = $3.8603030739E+14
More Price Conversion:
106 barrels of crude-oil-brent
112000 barrels of crude-oil-brent
6628442171 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.