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Price of 9498271648 Barrels Crude-oil-brent

9498271648 Barrels of Crude-oil-brent is equal to
= $617387657120
9498271648 barrels of crude-oil-brent = $617387657120
94982716480 barrels of crude-oil-brent = $6173876571200
949827164800 barrels of crude-oil-brent = $61738765712000
9498271648000 barrels of crude-oil-brent = $6.1738765712E+14
More Price Conversion:
192 barrels of crude-oil-brent
870000 barrels of crude-oil-brent
9220966089 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.