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Price of 8121461384 Barrels Crude-oil-brent

8121461384 Barrels of Crude-oil-brent is equal to
= $527894989960
8121461384 barrels of crude-oil-brent = $527894989960
81214613840 barrels of crude-oil-brent = $5278949899600
812146138400 barrels of crude-oil-brent = $52789498996000
8121461384000 barrels of crude-oil-brent = $5.2789498996E+14
More Price Conversion:
40 barrels of crude-oil-brent
563000 barrels of crude-oil-brent
3728765735 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.