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Price of 7765654779 Barrels Crude-oil-brent

7765654779 Barrels of Crude-oil-brent is equal to
= $504767560635
7765654779 barrels of crude-oil-brent = $504767560635
77656547790 barrels of crude-oil-brent = $5047675606350
776565477900 barrels of crude-oil-brent = $50476756063500
7765654779000 barrels of crude-oil-brent = $5.04767560635E+14
More Price Conversion:
243 barrels of crude-oil-brent
311000 barrels of crude-oil-brent
5299444929 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 Dec 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.