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Price of 8182719659 Barrels Crude-oil-brent

8182719659 Barrels of Crude-oil-brent is equal to
= $531876777835
8182719659 barrels of crude-oil-brent = $531876777835
81827196590 barrels of crude-oil-brent = $5318767778350
818271965900 barrels of crude-oil-brent = $53187677783500
8182719659000 barrels of crude-oil-brent = $5.31876777835E+14
More Price Conversion:
308 barrels of crude-oil-brent
911000 barrels of crude-oil-brent
1236822118 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.