Commodity ratio · live

Iron Ore to Ural Oil Ratio

The iron ore to ural oil ratio is 1.183 Iron Ore at $101.60 per Metric Ton divided by Ural Oil at $85.87 per Barrel.

Prices as of Aug 24, 2026, 12:22 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Iron Ore to Ural Oil ratio

1.183

1.000 T of iron ore = 1.183 Bbl of ural oil

Inverse (URAL-OIL/IORECR): 0.8452 — one Barrel of ural oil buys that much iron ore.

Iron Ore

$101.60

per Metric Ton

Ural Oil

$85.87

per Barrel

Unit basis: USD per Metric Ton ÷ USD per Barrel. The ratio reads as Barrels of ural oil per Metric Ton of iron ore. Prices as of Mon, 24 Aug 2026 12:22:46 GMT.

Iron Ore to Ural Oil ratio charts

Pick a range once — it applies to the IORECR/URAL-OIL ratio line, the OHLC candles and the Iron Ore / Ural Oil price chart below.

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

IORECR/URAL-OIL ratio line

How many Bbl of Ural Oil one T of Iron Ore buys, over 1Y.

No overlapping history for IORECR/URAL-OIL over 1Y. Try a longer range.

IORECR/URAL-OIL ratio candles

Open, high, low and close of the IORECR/URAL-OIL ratio for each period in the last 1Y.

No overlapping history for IORECR/URAL-OIL over 1Y. Try a longer range.

Iron Ore and Ural Oil prices

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

How to calculate the iron ore to ural oil ratio

Iron Ore to Ural Oil ratio = Iron Ore price per Metric Ton ÷ Ural Oil price per Barrel

The two legs use different units, so the result is a rate — Barrels of ural oil per Metric Ton of iron ore — rather than a plain count.

Worked example, live prices: $101.60 ÷ $85.87 = 1.183. The inverse is 0.8452.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the iron ore to ural oil ratio today?

The iron ore to ural oil ratio is 1.183 — Iron Ore at $101.60 per Metric Ton divided by Ural Oil at $85.87 per Barrel, from live mid-market prices.

How do you calculate the iron ore to ural oil ratio?

Divide the iron ore price per Metric Ton by the ural oil price per Barrel. If the two units differ, the result is a rate rather than a plain count — read it as Barrels of ural oil per Metric Ton of iron ore.

What is the inverse of the iron ore to ural oil ratio?

The inverse, ural oil to iron ore, is 0.8452 — how many Metric Tons of iron ore one Barrel of ural oil buys.

Iron Ore to Ural Oil Ratio — 1.183 Today | CommodityPriceAPI