Commodity ratio · live
Natural Gas Futures to Bitumen Ratio
The natural gas futures to bitumen ratio is 0.0006096 — Natural Gas Futures at $2.77 per Million British Thermal Units divided by Bitumen at $4,544.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:30 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Natural Gas Futures to Bitumen ratio
1.000 MMBtu of natural gas futures = 0.0006096 T of bitumen
Inverse (BIT/NG-FUT): 1640 — one Metric Ton of bitumen buys that much natural gas futures.
Near the bottom of its 1 year range — historically compressed. (1th percentile of the last 1 year)
Natural Gas Futures
$2.77
per Million British Thermal Units
Bitumen
¥4,544.00
per Metric Ton
Unit basis: USD per Million British Thermal Units ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Million British Thermal Units of natural gas futures. Prices as of Mon, 24 Aug 2026 10:30:00 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.0009400
median 0.0008453
1Y low
0.0005886
Apr 29, 2026
1Y high
0.002074
Jan 25, 2026
Normal band
0.0006323–0.001248
mean ± 1 std dev
Deviation from mean
-1.07σ
307 observations
Natural Gas Futures to Bitumen ratio charts
Pick a range once — it applies to the NG-FUT/BIT ratio line, the OHLC candles and the Natural Gas Futures / Bitumen price chart below.
NG-FUT/BIT ratio line
How many T of Bitumen one MMBtu of Natural Gas Futures buys, over 1Y.
NG-FUT/BIT ratio candles
Open, high, low and close of the NG-FUT/BIT ratio for each period in the last 1Y.
Natural Gas Futures and Bitumen 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 futures to bitumen ratio
Natural Gas Futures to Bitumen ratio = Natural Gas Futures price per Million British Thermal Units ÷ Bitumen price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of bitumen per Million British Thermal Units of natural gas futures — rather than a plain count.
Worked example, live prices: $2.77 ÷ $4,544.00 = 0.0006096. The inverse is 1640.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the natural gas futures to bitumen ratio today?
The natural gas futures to bitumen ratio is 0.0006096 — Natural Gas Futures at $2.77 per Million British Thermal Units divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the natural gas futures to bitumen ratio?
Divide the natural gas futures price per Million British Thermal Units by the bitumen 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 bitumen per Million British Thermal Units of natural gas futures.
What is the inverse of the natural gas futures to bitumen ratio?
The inverse, bitumen to natural gas futures, is 1640 — how many Million British Thermal Unitss of natural gas futures one Metric Ton of bitumen buys.