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Price of 9758230083 Barrels Crude-oil-brent

9758230083 Barrels of Crude-oil-brent is equal to
= $634284955395
9758230083 barrels of crude-oil-brent = $634284955395
97582300830 barrels of crude-oil-brent = $6342849553950
975823008300 barrels of crude-oil-brent = $63428495539500
9758230083000 barrels of crude-oil-brent = $6.34284955395E+14
More Price Conversion:
605 barrels of crude-oil-brent
376000 barrels of crude-oil-brent
7650008776 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 Dec 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.