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Magnesium to Crude Oil Dubai Ratio

The magnesium to crude oil dubai ratio is 178.5 Magnesium at $16,900.00 per Metric Ton divided by Crude Oil Dubai at $94.67 per Barrel.

Prices as of Aug 24, 2026, 11:18 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Magnesium to Crude Oil Dubai ratio

178.5

1.000 T of magnesium = 178.515 Bbl of crude oil dubai

Inverse (DBLC1/MG): 0.005602 — one Barrel of crude oil dubai buys that much magnesium.

Magnesium

¥16,900.00

per Metric Ton

Crude Oil Dubai

$94.67

per Barrel

Unit basis: CNY per Metric Ton ÷ USD per Barrel. The ratio reads as Barrels of crude oil dubai per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 11:18:54 GMT.

These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.

Magnesium to Crude Oil Dubai ratio charts

Pick a range once — it applies to the MG/DBLC1 ratio line, the OHLC candles and the Magnesium / Crude Oil Dubai price chart below.

One of these commodities only updates monthly, so short ranges are unavailable.

MG/DBLC1 ratio line

How many Bbl of Crude Oil Dubai one T of Magnesium buys, over 1Y.

No overlapping history for MG/DBLC1 over 1Y. Try a longer range.

MG/DBLC1 ratio candles

Open, high, low and close of the MG/DBLC1 ratio for each period in the last 1Y.

No overlapping history for MG/DBLC1 over 1Y. Try a longer range.

Magnesium and Crude Oil Dubai prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the magnesium to crude oil dubai ratio

Magnesium to Crude Oil Dubai ratio = Magnesium price per Metric Ton ÷ Crude Oil Dubai price per Barrel

The two legs use different units, so the result is a rate — Barrels of crude oil dubai per Metric Ton of magnesium — rather than a plain count.

Worked example, live prices: $16,900.00 ÷ $94.67 = 178.5. The inverse is 0.005602.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the magnesium to crude oil dubai ratio today?

The magnesium to crude oil dubai ratio is 178.5 — Magnesium at $16,900.00 per Metric Ton divided by Crude Oil Dubai at $94.67 per Barrel, from live mid-market prices.

How do you calculate the magnesium to crude oil dubai ratio?

Divide the magnesium price per Metric Ton by the crude oil dubai price per Barrel. If the two units differ, the result is a rate rather than a plain count — read it as Barrels of crude oil dubai per Metric Ton of magnesium.

What is the inverse of the magnesium to crude oil dubai ratio?

The inverse, crude oil dubai to magnesium, is 0.005602 — how many Metric Tons of magnesium one Barrel of crude oil dubai buys.

Magnesium to Crude Oil Dubai Ratio — 178.5 Today | CommodityPriceAPI