Commodity ratio · live
Iron Ore 62% FE to Crude Oil WTI Futures Ratio
The iron ore 62% fe to crude oil wti futures ratio is 1.038 — Iron Ore 62% FE at $99.33 per metric ton divided by Crude Oil WTI Futures at $95.66 per barrel.
Prices as of Sep 21, 2026, 6:06 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Crude Oil WTI Futures ratio
1.000 T of iron ore 62% fe = 1.038 Bbl of crude oil wti futures
Inverse (WTIOIL-FUT/TIOC): 0.9631 — one barrel of crude oil wti futures buys that much iron ore 62% fe.
Near the bottom of its 1 year range — historically compressed. (8th percentile of the last 1 year)
Iron Ore 62% FE
$99.33
per metric ton
Crude Oil WTI Futures
$95.66
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 wti futures per metric ton of iron ore 62% fe, not a plain count. Prices as of Mon, 21 Sep 2026 18:06:16 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
1.439
median 1.478
1Y low
0.8867
Sep 15, 2026
1Y high
1.945
Jan 7, 2026
Normal band
1.107–1.771
mean ± 1 std dev
Deviation from mean
-1.21σ
178 observations
Iron Ore 62% FE to Crude Oil WTI Futures ratio charts
Pick a range once — it applies to the TIOC/WTIOIL-FUT ratio line, the OHLC candles and the Iron Ore 62% FE / Crude Oil WTI Futures price chart below.
TIOC/WTIOIL-FUT ratio line
How many Bbl of Crude Oil WTI Futures one T of Iron Ore 62% FE buys, over 1Y.
TIOC/WTIOIL-FUT ratio candles
Open, high, low and close of the TIOC/WTIOIL-FUT ratio for each period in the last 1Y.
Iron Ore 62% FE and Crude Oil WTI 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 wti futures ratio
Iron Ore 62% FE to Crude Oil WTI Futures ratio = Iron Ore 62% FE price in USD per metric ton ÷ Crude Oil WTI 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 wti futures per metric ton of iron ore 62% fe, not a plain count.
Worked example, live prices: $99.33 per metric ton ÷ $95.66 per barrel = 1.038. The inverse is 0.9631.
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 | 4357.12 |
| 2 | XAG | Silver | 66.48 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 92.54 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 100.60 |
| 5 | NG-FUT | Natural Gas Futures | 2.84 |
| 6 | PL | Platinum | 1814.38 |
| 7 | PA | Palladium | 1318.00 |
Frequently asked questions
What is the iron ore 62% fe to crude oil wti futures ratio today?
The iron ore 62% fe to crude oil wti futures ratio is 1.038 — Iron Ore 62% FE at $99.33 per metric ton divided by Crude Oil WTI Futures at $95.66 per barrel, from live mid-market prices.
How do you calculate the iron ore 62% fe to crude oil wti futures ratio?
Divide the iron ore 62% fe price per metric ton by the crude oil wti 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 wti 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 wti futures ratio?
The inverse, crude oil wti futures to iron ore 62% fe, is 0.9631 — how many metric tons of iron ore 62% fe one barrel of crude oil wti futures buys.