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Price of 8274560907 Barrels Crude-oil-brent

8274560907 Barrels of Crude-oil-brent is equal to
= $537846458955
8274560907 barrels of crude-oil-brent = $537846458955
82745609070 barrels of crude-oil-brent = $5378464589550
827456090700 barrels of crude-oil-brent = $53784645895500
8274560907000 barrels of crude-oil-brent = $5.37846458955E+14
More Price Conversion:
132 barrels of crude-oil-brent
714000 barrels of crude-oil-brent
1211013476 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.