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Price of 9024388653 Barrels Crude-oil-brent

9024388653 Barrels of Crude-oil-brent is equal to
= $586585262445
9024388653 barrels of crude-oil-brent = $586585262445
90243886530 barrels of crude-oil-brent = $5865852624450
902438865300 barrels of crude-oil-brent = $58658526244500
9024388653000 barrels of crude-oil-brent = $5.86585262445E+14
More Price Conversion:
706 barrels of crude-oil-brent
475000 barrels of crude-oil-brent
8699028926 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.