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Price of 7548721633 Barrels Crude-oil-brent

7548721633 Barrels of Crude-oil-brent is equal to
= $490666906145
7548721633 barrels of crude-oil-brent = $490666906145
75487216330 barrels of crude-oil-brent = $4906669061450
754872163300 barrels of crude-oil-brent = $49066690614500
7548721633000 barrels of crude-oil-brent = $4.90666906145E+14
More Price Conversion:
519 barrels of crude-oil-brent
345000 barrels of crude-oil-brent
9551641730 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.