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Price of 9618651701 Barrels Crude-oil-brent

9618651701 Barrels of Crude-oil-brent is equal to
= $625212360565
9618651701 barrels of crude-oil-brent = $625212360565
96186517010 barrels of crude-oil-brent = $6252123605650
961865170100 barrels of crude-oil-brent = $62521236056500
9618651701000 barrels of crude-oil-brent = $6.25212360565E+14
More Price Conversion:
457 barrels of crude-oil-brent
669000 barrels of crude-oil-brent
5594495814 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.