Commodity ratio · live
Crude Oil Brent Futures to Natural Gas Futures Ratio
The crude oil brent futures to natural gas futures ratio is 33.59 — Crude Oil Brent Futures at $92.72 per Barrel divided by Natural Gas Futures at $2.76 per Million British Thermal Units.
Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Crude Oil Brent Futures to Natural Gas Futures ratio
1.000 Bbl of crude oil brent futures = 33.594 MMBtu of natural gas futures
Inverse (NG-FUT/BRENTOIL-FUT): 0.02977 — one Million British Thermal Units of natural gas futures buys that much crude oil brent futures.
Above its 1 year average. (75th percentile of the last 1 year)
Crude Oil Brent Futures
$92.72
per Barrel
Natural Gas Futures
$2.76
per Million British Thermal Units
Unit basis: USD per Barrel ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas futures per Barrel of crude oil brent futures. Prices as of Mon, 24 Aug 2026 10:38:35 GMT.
1Y average
24.60
median 22.25
1Y low
9.627
Jan 25, 2026
1Y high
43.03
Apr 29, 2026
Normal band
15.84–33.35
mean ± 1 std dev
Deviation from mean
+1.03σ
303 observations
Crude Oil Brent Futures to Natural Gas Futures ratio charts
Pick a range once — it applies to the BRENTOIL-FUT/NG-FUT ratio line, the OHLC candles and the Crude Oil Brent Futures / Natural Gas Futures price chart below.
BRENTOIL-FUT/NG-FUT ratio line
How many MMBtu of Natural Gas Futures one Bbl of Crude Oil Brent Futures buys, over 1Y.
BRENTOIL-FUT/NG-FUT ratio candles
Open, high, low and close of the BRENTOIL-FUT/NG-FUT ratio for each period in the last 1Y.
Crude Oil Brent Futures and Natural Gas Futures 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 natural gas futures ratio
Crude Oil Brent Futures to Natural Gas Futures ratio = Crude Oil Brent Futures price per Barrel ÷ Natural Gas Futures 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 futures per Barrel of crude oil brent futures — rather than a plain count.
Worked example, live prices: $92.72 ÷ $2.76 = 33.59. The inverse is 0.02977.
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 natural gas futures ratio today?
The crude oil brent futures to natural gas futures ratio is 33.59 — Crude Oil Brent Futures at $92.72 per Barrel divided by Natural Gas Futures at $2.76 per Million British Thermal Units, from live mid-market prices.
How do you calculate the crude oil brent futures to natural gas futures ratio?
Divide the crude oil brent futures price per Barrel by the natural gas futures 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 futures per Barrel of crude oil brent futures.
What is the inverse of the crude oil brent futures to natural gas futures ratio?
The inverse, natural gas futures to crude oil brent futures, is 0.02977 — how many Barrels of crude oil brent futures one Million British Thermal Units of natural gas futures buys.