Commodity ratio · live
Lumber Futures to Gas Oil Ratio
The lumber futures to gas oil ratio is 0.4548 — Lumber Futures at $573.54 per Thousand Board Feet divided by Gas Oil at $1,261.00 per 100 Tonnes.
Prices as of Aug 24, 2026, 11:25 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Lumber Futures to Gas Oil ratio
1.000 Mbf of lumber futures = 0.4548 100 T of gas oil
Inverse (LGO/LB-FUT): 2.199 — one 100 Tonnes of gas oil buys that much lumber futures.
Near the bottom of its 1 year range — historically compressed. (4th percentile of the last 1 year)
Lumber Futures
$573.54
per Thousand Board Feet
Gas Oil
$1,261.00
per 100 Tonnes
Unit basis: USD per Thousand Board Feet ÷ USD per 100 Tonnes. The ratio reads as 100 Tonness of gas oil per Thousand Board Feet of lumber futures. Prices as of Mon, 24 Aug 2026 11:25:42 GMT.
1Y average
0.6963
median 0.7318
1Y low
0.4063
Apr 7, 2026
1Y high
1.031
Oct 17, 2025
Normal band
0.5298–0.8629
mean ± 1 std dev
Deviation from mean
-1.45σ
310 observations
Lumber Futures to Gas Oil ratio charts
Pick a range once — it applies to the LB-FUT/LGO ratio line, the OHLC candles and the Lumber Futures / Gas Oil price chart below.
LB-FUT/LGO ratio line
How many 100 T of Gas Oil one Mbf of Lumber Futures buys, over 1Y.
LB-FUT/LGO ratio candles
Open, high, low and close of the LB-FUT/LGO ratio for each period in the last 1Y.
Lumber Futures and Gas Oil prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the lumber futures to gas oil ratio
Lumber Futures to Gas Oil ratio = Lumber Futures price per Thousand Board Feet ÷ Gas Oil price per 100 Tonnes
The two legs use different units, so the result is a rate — 100 Tonness of gas oil per Thousand Board Feet of lumber futures — rather than a plain count.
Worked example, live prices: $573.54 ÷ $1,261.00 = 0.4548. The inverse is 2.199.
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 lumber futures to gas oil ratio today?
The lumber futures to gas oil ratio is 0.4548 — Lumber Futures at $573.54 per Thousand Board Feet divided by Gas Oil at $1,261.00 per 100 Tonnes, from live mid-market prices.
How do you calculate the lumber futures to gas oil ratio?
Divide the lumber futures price per Thousand Board Feet by the gas oil price per 100 Tonnes. If the two units differ, the result is a rate rather than a plain count — read it as 100 Tonness of gas oil per Thousand Board Feet of lumber futures.
What is the inverse of the lumber futures to gas oil ratio?
The inverse, gas oil to lumber futures, is 2.199 — how many Thousand Board Feets of lumber futures one 100 Tonnes of gas oil buys.