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Price of 7552141191 Barrels Crude-oil-brent

7552141191 Barrels of Crude-oil-brent is equal to
= $490889177415
7552141191 barrels of crude-oil-brent = $490889177415
75521411910 barrels of crude-oil-brent = $4908891774150
755214119100 barrels of crude-oil-brent = $49088917741500
7552141191000 barrels of crude-oil-brent = $4.90889177415E+14
More Price Conversion:
614 barrels of crude-oil-brent
861000 barrels of crude-oil-brent
6503831167 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 Feb 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.