Commodity ratio · live
Gas Oil to Iron Ore Ratio
The gas oil to iron ore ratio is 12.44 — Gas Oil at $1,263.70 per 100 Tonnes divided by Iron Ore at $101.60 per Metric Ton.
Prices as of Aug 24, 2026, 12:15 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Gas Oil to Iron Ore ratio
1.000 100 T of gas oil = 12.438 T of iron ore
Inverse (IORECR/LGO): 0.08040 — one Metric Ton of iron ore buys that much gas oil.
Gas Oil
$1,263.70
per 100 Tonnes
Iron Ore
$101.60
per Metric Ton
Unit basis: USD per 100 Tonnes ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per 100 Tonnes of gas oil. Prices as of Mon, 24 Aug 2026 12:15:38 GMT.
Gas Oil to Iron Ore ratio charts
Pick a range once — it applies to the LGO/IORECR ratio line, the OHLC candles and the Gas Oil / Iron Ore price chart below.
LGO/IORECR ratio line
How many T of Iron Ore one 100 T of Gas Oil buys, over 1Y.
No overlapping history for LGO/IORECR over 1Y. Try a longer range.
LGO/IORECR ratio candles
Open, high, low and close of the LGO/IORECR ratio for each period in the last 1Y.
No overlapping history for LGO/IORECR over 1Y. Try a longer range.
Gas Oil and Iron Ore prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the gas oil to iron ore ratio
Gas Oil to Iron Ore ratio = Gas Oil price per 100 Tonnes ÷ Iron Ore price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of iron ore per 100 Tonnes of gas oil — rather than a plain count.
Worked example, live prices: $1,263.70 ÷ $101.60 = 12.44. The inverse is 0.08040.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the gas oil to iron ore ratio today?
The gas oil to iron ore ratio is 12.44 — Gas Oil at $1,263.70 per 100 Tonnes divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.
How do you calculate the gas oil to iron ore ratio?
Divide the gas oil price per 100 Tonnes by the iron ore 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 iron ore per 100 Tonnes of gas oil.
What is the inverse of the gas oil to iron ore ratio?
The inverse, iron ore to gas oil, is 0.08040 — how many 100 Tonness of gas oil one Metric Ton of iron ore buys.