Commodity ratio · live
Crude Oil Dubai to Steel Ratio
The crude oil dubai to steel ratio is 0.03088 — Crude Oil Dubai at $94.67 per Barrel divided by Steel at $3,066.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Crude Oil Dubai to Steel ratio
1.000 Bbl of crude oil dubai = 0.03088 T of steel
Inverse (STEEL/DBLC1): 32.39 — one Metric Ton of steel buys that much crude oil dubai.
Crude Oil Dubai
$94.67
per Barrel
Steel
¥3,066.00
per Metric Ton
Unit basis: USD per Barrel ÷ CNY per Metric Ton. The ratio reads as Metric Tons of steel per Barrel of crude oil dubai. Prices as of Mon, 24 Aug 2026 11:32:00 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.
Crude Oil Dubai to Steel ratio charts
Pick a range once — it applies to the DBLC1/STEEL ratio line, the OHLC candles and the Crude Oil Dubai / Steel price chart below.
DBLC1/STEEL ratio line
How many T of Steel one Bbl of Crude Oil Dubai buys, over 1Y.
No overlapping history for DBLC1/STEEL over 1Y. Try a longer range.
DBLC1/STEEL ratio candles
Open, high, low and close of the DBLC1/STEEL ratio for each period in the last 1Y.
No overlapping history for DBLC1/STEEL over 1Y. Try a longer range.
Crude Oil Dubai and Steel 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 dubai to steel ratio
Crude Oil Dubai to Steel ratio = Crude Oil Dubai price per Barrel ÷ Steel price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of steel per Barrel of crude oil dubai — rather than a plain count.
Worked example, live prices: $94.67 ÷ $3,066.00 = 0.03088. The inverse is 32.39.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the crude oil dubai to steel ratio today?
The crude oil dubai to steel ratio is 0.03088 — Crude Oil Dubai at $94.67 per Barrel divided by Steel at $3,066.00 per Metric Ton, from live mid-market prices.
How do you calculate the crude oil dubai to steel ratio?
Divide the crude oil dubai price per Barrel by the steel 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 steel per Barrel of crude oil dubai.
What is the inverse of the crude oil dubai to steel ratio?
The inverse, steel to crude oil dubai, is 32.39 — how many Barrels of crude oil dubai one Metric Ton of steel buys.