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Price of 8212538859 Barrels Crude-oil-brent

8212538859 Barrels of Crude-oil-brent is equal to
= $533815025835
8212538859 barrels of crude-oil-brent = $533815025835
82125388590 barrels of crude-oil-brent = $5338150258350
821253885900 barrels of crude-oil-brent = $53381502583500
8212538859000 barrels of crude-oil-brent = $5.33815025835E+14
More Price Conversion:
437 barrels of crude-oil-brent
662000 barrels of crude-oil-brent
8612183294 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 Sep 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.