Commodity ratio · live

Natural Gas, Europe to Natural Gas, US Ratio

The natural gas, europe to natural gas, us ratio is 5.796 Natural Gas, Europe at $16.17 per Million British Thermal Units divided by Natural Gas, US at $2.79 per Million British Thermal Units.

Prices as of Aug 24, 2026, 10:40 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Million British Thermal Units

Natural Gas, Europe to Natural Gas, US ratio

5.796

1.000 MMBtu of natural gas, europe = 5.796 MMBtu of natural gas, us

Inverse (NG-US/NG-EU): 0.1725 — one Million British Thermal Units of natural gas, us buys that much natural gas, europe.

Natural Gas, Europe

$16.17

per Million British Thermal Units

Natural Gas, US

$2.79

per Million British Thermal Units

Unit basis: USD per Million British Thermal Units ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas, us per Million British Thermal Units of natural gas, europe. Prices as of Mon, 24 Aug 2026 10:40:56 GMT.

Natural Gas, Europe to Natural Gas, US ratio charts

Pick a range once — it applies to the NG-EU/NG-US ratio line, the OHLC candles and the Natural Gas, Europe / Natural Gas, US price chart below.

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

NG-EU/NG-US ratio line

How many MMBtu of Natural Gas, US one MMBtu of Natural Gas, Europe buys, over 1Y.

No overlapping history for NG-EU/NG-US over 1Y. Try a longer range.

NG-EU/NG-US ratio candles

Open, high, low and close of the NG-EU/NG-US ratio for each period in the last 1Y.

No overlapping history for NG-EU/NG-US over 1Y. Try a longer range.

Natural Gas, Europe and Natural Gas, US prices

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

How to calculate the natural gas, europe to natural gas, us ratio

Natural Gas, Europe to Natural Gas, US ratio = Natural Gas, Europe price per Million British Thermal Units ÷ Natural Gas, US price per Million British Thermal Units

Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.

Worked example, live prices: $16.17 ÷ $2.79 = 5.796. The inverse is 0.1725.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the natural gas, europe to natural gas, us ratio today?

The natural gas, europe to natural gas, us ratio is 5.796 — Natural Gas, Europe at $16.17 per Million British Thermal Units divided by Natural Gas, US at $2.79 per Million British Thermal Units, from live mid-market prices.

How do you calculate the natural gas, europe to natural gas, us ratio?

Divide the natural gas, europe price per Million British Thermal Units by the natural gas, us price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas, us per Million British Thermal Units of natural gas, europe.

What is the inverse of the natural gas, europe to natural gas, us ratio?

The inverse, natural gas, us to natural gas, europe, is 0.1725 — how many Million British Thermal Unitss of natural gas, europe one Million British Thermal Units of natural gas, us buys.