Commodity ratio · live
Crude Oil Brent Futures to Magnesium Ratio
The crude oil brent futures to magnesium ratio is 0.005485 — Crude Oil Brent Futures at $92.69 per Barrel divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:36 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Crude Oil Brent Futures to Magnesium ratio
1.000 Bbl of crude oil brent futures = 0.005485 T of magnesium
Inverse (MG/BRENTOIL-FUT): 182.3 — one Metric Ton of magnesium buys that much crude oil brent futures.
Above its 1 year average. (76th percentile of the last 1 year)
Crude Oil Brent Futures
$92.69
per Barrel
Magnesium
¥16,900.00
per Metric Ton
Unit basis: USD per Barrel ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Barrel of crude oil brent futures. Prices as of Mon, 24 Aug 2026 10:36:36 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.004520
median 0.003909
1Y low
0.003409
Oct 5, 2025
1Y high
0.006501
Mar 29, 2026
Normal band
0.003557–0.005483
mean ± 1 std dev
Deviation from mean
+1.00σ
297 observations
Crude Oil Brent Futures to Magnesium ratio charts
Pick a range once — it applies to the BRENTOIL-FUT/MG ratio line, the OHLC candles and the Crude Oil Brent Futures / Magnesium price chart below.
BRENTOIL-FUT/MG ratio line
How many T of Magnesium one Bbl of Crude Oil Brent Futures buys, over 1Y.
BRENTOIL-FUT/MG ratio candles
Open, high, low and close of the BRENTOIL-FUT/MG ratio for each period in the last 1Y.
Crude Oil Brent Futures and Magnesium prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the crude oil brent futures to magnesium ratio
Crude Oil Brent Futures to Magnesium ratio = Crude Oil Brent Futures price per Barrel ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Barrel of crude oil brent futures — rather than a plain count.
Worked example, live prices: $92.69 ÷ $16,900.00 = 0.005485. The inverse is 182.3.
The flagship commodity ratios
Each of these has its own dedicated page with live pricing, a full year of history and range statistics.
Live prices behind the ratio
| # | Symbol | Name | Rate (USD) |
|---|---|---|---|
| 1 | XAU | Gold | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the crude oil brent futures to magnesium ratio today?
The crude oil brent futures to magnesium ratio is 0.005485 — Crude Oil Brent Futures at $92.69 per Barrel divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the crude oil brent futures to magnesium ratio?
Divide the crude oil brent futures price per Barrel by the magnesium price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of magnesium per Barrel of crude oil brent futures.
What is the inverse of the crude oil brent futures to magnesium ratio?
The inverse, magnesium to crude oil brent futures, is 182.3 — how many Barrels of crude oil brent futures one Metric Ton of magnesium buys.