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Price of 8136166196 Barrels Crude-oil-brent

8136166196 Barrels of Crude-oil-brent is equal to
= $528850802740
8136166196 barrels of crude-oil-brent = $528850802740
81361661960 barrels of crude-oil-brent = $5288508027400
813616619600 barrels of crude-oil-brent = $52885080274000
8136166196000 barrels of crude-oil-brent = $5.2885080274E+14
More Price Conversion:
825 barrels of crude-oil-brent
794000 barrels of crude-oil-brent
1557527091 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 Nov 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.