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Price of 8171869545 Barrels Crude-oil-brent

8171869545 Barrels of Crude-oil-brent is equal to
= $531171520425
8171869545 barrels of crude-oil-brent = $531171520425
81718695450 barrels of crude-oil-brent = $5311715204250
817186954500 barrels of crude-oil-brent = $53117152042500
8171869545000 barrels of crude-oil-brent = $5.31171520425E+14
More Price Conversion:
276 barrels of crude-oil-brent
816000 barrels of crude-oil-brent
1229991943 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.