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Price of 8223982373 Barrels Crude-oil-brent

8223982373 Barrels of Crude-oil-brent is equal to
= $534558854245
8223982373 barrels of crude-oil-brent = $534558854245
82239823730 barrels of crude-oil-brent = $5345588542450
822398237300 barrels of crude-oil-brent = $53455885424500
8223982373000 barrels of crude-oil-brent = $5.34558854245E+14
More Price Conversion:
203 barrels of crude-oil-brent
530000 barrels of crude-oil-brent
1988847769 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.