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Price of 9318653334 Barrels Crude-oil-brent

9318653334 Barrels of Crude-oil-brent is equal to
= $605712466710
9318653334 barrels of crude-oil-brent = $605712466710
93186533340 barrels of crude-oil-brent = $6057124667100
931865333400 barrels of crude-oil-brent = $60571246671000
9318653334000 barrels of crude-oil-brent = $6.0571246671E+14
More Price Conversion:
959 barrels of crude-oil-brent
33000 barrels of crude-oil-brent
1852864746 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.