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Price of 7592285890 Barrels Crude-oil-brent

7592285890 Barrels of Crude-oil-brent is equal to
= $493498582850
7592285890 barrels of crude-oil-brent = $493498582850
75922858900 barrels of crude-oil-brent = $4934985828500
759228589000 barrels of crude-oil-brent = $49349858285000
7592285890000 barrels of crude-oil-brent = $4.9349858285E+14
More Price Conversion:
809 barrels of crude-oil-brent
577000 barrels of crude-oil-brent
6091687738 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 Sep 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.