Commodity ratio · live
Gas Oil to Wheat Futures Ratio
The gas oil to wheat futures ratio is 1.816 — Gas Oil at $1,262.00 per 100 Tonnes divided by Wheat Futures at $695.04 per Ounce.
Prices as of Aug 24, 2026, 11:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Gas Oil to Wheat Futures ratio
1.000 100 T of gas oil = 1.816 Oz of wheat futures
Inverse (ZW-FUT/LGO): 0.5507 — one Ounce of wheat futures buys that much gas oil.
Above its 1 year average. (76th percentile of the last 1 year)
Gas Oil
$1,262.00
per 100 Tonnes
Wheat Futures
$695.04
per Ounce
Unit basis: USD per 100 Tonnes ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per 100 Tonnes of gas oil. Prices as of Mon, 24 Aug 2026 11:35:10 GMT.
1Y average
1.552
median 1.442
1Y low
1.143
Jan 8, 2026
1Y high
2.452
Apr 7, 2026
Normal band
1.254–1.849
mean ± 1 std dev
Deviation from mean
+0.89σ
300 observations
Gas Oil to Wheat Futures ratio charts
Pick a range once — it applies to the LGO/ZW-FUT ratio line, the OHLC candles and the Gas Oil / Wheat Futures price chart below.
LGO/ZW-FUT ratio line
How many Oz of Wheat Futures one 100 T of Gas Oil buys, over 1Y.
LGO/ZW-FUT ratio candles
Open, high, low and close of the LGO/ZW-FUT ratio for each period in the last 1Y.
Gas Oil and Wheat Futures 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 wheat futures ratio
Gas Oil to Wheat Futures ratio = Gas Oil price per 100 Tonnes ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per 100 Tonnes of gas oil — rather than a plain count.
Worked example, live prices: $1,262.00 ÷ $695.04 = 1.816. The inverse is 0.5507.
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 gas oil to wheat futures ratio today?
The gas oil to wheat futures ratio is 1.816 — Gas Oil at $1,262.00 per 100 Tonnes divided by Wheat Futures at $695.04 per Ounce, from live mid-market prices.
How do you calculate the gas oil to wheat futures ratio?
Divide the gas oil price per 100 Tonnes by the wheat futures price per Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Ounces of wheat futures per 100 Tonnes of gas oil.
What is the inverse of the gas oil to wheat futures ratio?
The inverse, wheat futures to gas oil, is 0.5507 — how many 100 Tonness of gas oil one Ounce of wheat futures buys.