Commodity ratio · live
Iron Ore 62% FE to Crude Oil Brent Futures Ratio
The iron ore 62% fe to crude oil brent futures ratio is 0.9933 — Iron Ore 62% FE at $97.51 per metric ton divided by Crude Oil Brent Futures at $98.17 per barrel.
Prices as of Sep 22, 2026, 11:36 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Crude Oil Brent Futures ratio
1.000 T of iron ore 62% fe = 0.9933 Bbl of crude oil brent futures
Inverse (BRENTOIL-FUT/TIOC): 1.007 — one barrel of crude oil brent futures buys that much iron ore 62% fe.
Below its 1 year average. (11th percentile of the last 1 year)
Iron Ore 62% FE
$97.51
per metric ton
Crude Oil Brent Futures
$98.17
per barrel
Unit basis: USD per metric ton ÷ USD per barrel. The two legs are priced per different things — dollars per metric ton against dollars per barrel — so the result is a rate: barrels of crude oil brent futures per metric ton of iron ore 62% fe, not a plain count. Prices as of Tue, 22 Sep 2026 11:36:53 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
1.349
median 1.326
1Y low
0.8611
Sep 10, 2026
1Y high
1.820
Dec 16, 2025
Normal band
1.045–1.652
mean ± 1 std dev
Deviation from mean
-1.17σ
184 observations
Iron Ore 62% FE to Crude Oil Brent Futures ratio charts
Pick a range once — it applies to the TIOC/BRENTOIL-FUT ratio line, the OHLC candles and the Iron Ore 62% FE / Crude Oil Brent Futures price chart below.
TIOC/BRENTOIL-FUT ratio line
How many Bbl of Crude Oil Brent Futures one T of Iron Ore 62% FE buys, over 1Y.
TIOC/BRENTOIL-FUT ratio candles
Open, high, low and close of the TIOC/BRENTOIL-FUT ratio for each period in the last 1Y.
Iron Ore 62% FE and Crude Oil Brent Futures 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 62% fe to crude oil brent futures ratio
Iron Ore 62% FE to Crude Oil Brent Futures ratio = Iron Ore 62% FE price in USD per metric ton ÷ Crude Oil Brent Futures price in USD per barrel
The two legs are priced per different things — dollars per metric ton against dollars per barrel — so the result is a rate: barrels of crude oil brent futures per metric ton of iron ore 62% fe, not a plain count.
Worked example, live prices: $97.51 per metric ton ÷ $98.17 per barrel = 0.9933. The inverse is 1.007.
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 | 4316.27 |
| 2 | XAG | Silver | 65.46 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 89.98 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 98.17 |
| 5 | NG-FUT | Natural Gas Futures | 2.83 |
| 6 | PL | Platinum | 1791.72 |
| 7 | PA | Palladium | 1291.80 |
Frequently asked questions
What is the iron ore 62% fe to crude oil brent futures ratio today?
The iron ore 62% fe to crude oil brent futures ratio is 0.9933 — Iron Ore 62% FE at $97.51 per metric ton divided by Crude Oil Brent Futures at $98.17 per barrel, from live mid-market prices.
How do you calculate the iron ore 62% fe to crude oil brent futures ratio?
Divide the iron ore 62% fe price per metric ton by the crude oil brent futures price per barrel. The two legs are priced per different things — dollars per metric ton against dollars per barrel — so the result is a rate: barrels of crude oil brent futures per metric ton of iron ore 62% fe, not a plain count.
What is the inverse of the iron ore 62% fe to crude oil brent futures ratio?
The inverse, crude oil brent futures to iron ore 62% fe, is 1.007 — how many metric tons of iron ore 62% fe one barrel of crude oil brent futures buys.