Commodity ratio · live

Bitumen to Natural Gas, Europe Ratio

The bitumen to natural gas, europe ratio is 281.0 Bitumen at $4,544.00 per Metric Ton divided by Natural Gas, Europe at $16.17 per Million British Thermal Units.

Prices as of Aug 24, 2026, 10:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Bitumen to Natural Gas, Europe ratio

281.0

1.000 T of bitumen = 281.014 MMBtu of natural gas, europe

Inverse (NG-EU/BIT): 0.003559 — one Million British Thermal Units of natural gas, europe buys that much bitumen.

Bitumen

¥4,544.00

per Metric Ton

Natural Gas, Europe

$16.17

per Million British Thermal Units

Unit basis: CNY per Metric Ton ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas, europe per Metric Ton of bitumen. Prices as of Mon, 24 Aug 2026 10:24:40 GMT.

These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.

Bitumen to Natural Gas, Europe ratio charts

Pick a range once — it applies to the BIT/NG-EU ratio line, the OHLC candles and the Bitumen / Natural Gas, Europe price chart below.

One of these commodities only updates monthly, so short ranges are unavailable.

BIT/NG-EU ratio line

How many MMBtu of Natural Gas, Europe one T of Bitumen buys, over 1Y.

No overlapping history for BIT/NG-EU over 1Y. Try a longer range.

BIT/NG-EU ratio candles

Open, high, low and close of the BIT/NG-EU ratio for each period in the last 1Y.

No overlapping history for BIT/NG-EU over 1Y. Try a longer range.

Bitumen and Natural Gas, Europe prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the bitumen to natural gas, europe ratio

Bitumen to Natural Gas, Europe ratio = Bitumen price per Metric Ton ÷ Natural Gas, Europe price per Million British Thermal Units

The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas, europe per Metric Ton of bitumen — rather than a plain count.

Worked example, live prices: $4,544.00 ÷ $16.17 = 281.0. The inverse is 0.003559.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the bitumen to natural gas, europe ratio today?

The bitumen to natural gas, europe ratio is 281.0 — Bitumen at $4,544.00 per Metric Ton divided by Natural Gas, Europe at $16.17 per Million British Thermal Units, from live mid-market prices.

How do you calculate the bitumen to natural gas, europe ratio?

Divide the bitumen price per Metric Ton by the natural gas, europe price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas, europe per Metric Ton of bitumen.

What is the inverse of the bitumen to natural gas, europe ratio?

The inverse, natural gas, europe to bitumen, is 0.003559 — how many Metric Tons of bitumen one Million British Thermal Units of natural gas, europe buys.

Bitumen to Natural Gas, Europe Ratio — 281.0 Today | CommodityPriceAPI