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Price of 7932367137 Barrels Crude-oil-brent

7932367137 Barrels of Crude-oil-brent is equal to
= $515603863905
7932367137 barrels of crude-oil-brent = $515603863905
79323671370 barrels of crude-oil-brent = $5156038639050
793236713700 barrels of crude-oil-brent = $51560386390500
7932367137000 barrels of crude-oil-brent = $5.15603863905E+14
More Price Conversion:
547 barrels of crude-oil-brent
310000 barrels of crude-oil-brent
8195072182 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.