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Price of 6066857158 Barrels Crude-oil-brent

6066857158 Barrels of Crude-oil-brent is equal to
= $394345715270
6066857158 barrels of crude-oil-brent = $394345715270
60668571580 barrels of crude-oil-brent = $3943457152700
606685715800 barrels of crude-oil-brent = $39434571527000
6066857158000 barrels of crude-oil-brent = $3.9434571527E+14
More Price Conversion:
945 barrels of crude-oil-brent
788000 barrels of crude-oil-brent
9209641111 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 Nov 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.