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Price of 753711404 Barrels Crude-oil-brent

753711404 Barrels of Crude-oil-brent is equal to
= $48991241260
753711404 barrels of crude-oil-brent = $48991241260
7537114040 barrels of crude-oil-brent = $489912412600
75371140400 barrels of crude-oil-brent = $4899124126000
753711404000 barrels of crude-oil-brent = $48991241260000
More Price Conversion:
380 barrels of crude-oil-brent
929000 barrels of crude-oil-brent
6366252646 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.