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Price of 6388324218 Barrels Crude-oil-brent

6388324218 Barrels of Crude-oil-brent is equal to
= $415241074170
6388324218 barrels of crude-oil-brent = $415241074170
63883242180 barrels of crude-oil-brent = $4152410741700
638832421800 barrels of crude-oil-brent = $41524107417000
6388324218000 barrels of crude-oil-brent = $4.1524107417E+14
More Price Conversion:
929 barrels of crude-oil-brent
882000 barrels of crude-oil-brent
2518851112 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.