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Price of 6887747463 Barrels Crude-oil-brent

6887747463 Barrels of Crude-oil-brent is equal to
= $447703585095
6887747463 barrels of crude-oil-brent = $447703585095
68877474630 barrels of crude-oil-brent = $4477035850950
688774746300 barrels of crude-oil-brent = $44770358509500
6887747463000 barrels of crude-oil-brent = $4.47703585095E+14
More Price Conversion:
428 barrels of crude-oil-brent
362000 barrels of crude-oil-brent
6638508346 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.