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Price of 9439793599 Barrels Crude-oil-brent

9439793599 Barrels of Crude-oil-brent is equal to
= $613586583935
9439793599 barrels of crude-oil-brent = $613586583935
94397935990 barrels of crude-oil-brent = $6135865839350
943979359900 barrels of crude-oil-brent = $61358658393500
9439793599000 barrels of crude-oil-brent = $6.13586583935E+14
More Price Conversion:
851 barrels of crude-oil-brent
184000 barrels of crude-oil-brent
5424583497 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.