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Price of 8520206485 Barrels Crude-oil-brent

8520206485 Barrels of Crude-oil-brent is equal to
= $553813421525
8520206485 barrels of crude-oil-brent = $553813421525
85202064850 barrels of crude-oil-brent = $5538134215250
852020648500 barrels of crude-oil-brent = $55381342152500
8520206485000 barrels of crude-oil-brent = $5.53813421525E+14
More Price Conversion:
192 barrels of crude-oil-brent
223000 barrels of crude-oil-brent
2639848529 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.