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Price of 9948507044 Barrels Crude-oil-brent

9948507044 Barrels of Crude-oil-brent is equal to
= $646652957860
9948507044 barrels of crude-oil-brent = $646652957860
99485070440 barrels of crude-oil-brent = $6466529578600
994850704400 barrels of crude-oil-brent = $64665295786000
9948507044000 barrels of crude-oil-brent = $6.4665295786E+14
More Price Conversion:
918 barrels of crude-oil-brent
553000 barrels of crude-oil-brent
9055374102 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.