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Price of 5955307026 Barrels Crude-oil-brent

5955307026 Barrels of Crude-oil-brent is equal to
= $387094956690
5955307026 barrels of crude-oil-brent = $387094956690
59553070260 barrels of crude-oil-brent = $3870949566900
595530702600 barrels of crude-oil-brent = $38709495669000
5955307026000 barrels of crude-oil-brent = $3.8709495669E+14
More Price Conversion:
814 barrels of crude-oil-brent
642000 barrels of crude-oil-brent
1156977192 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.