Commodity ratio · live
Natural Gas Futures to Crude Oil Brent Futures Ratio
The natural gas futures to crude oil brent futures ratio is 0.02977 — Natural Gas Futures at $2.76 per Million British Thermal Units divided by Crude Oil Brent Futures at $92.72 per Barrel.
Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Natural Gas Futures to Crude Oil Brent Futures ratio
1.000 MMBtu of natural gas futures = 0.02977 Bbl of crude oil brent futures
Inverse (BRENTOIL-FUT/NG-FUT): 33.59 — one Barrel of crude oil brent futures buys that much natural gas futures.
Below its 1 year average. (25th percentile of the last 1 year)
Natural Gas Futures
$2.76
per Million British Thermal Units
Crude Oil Brent Futures
$92.72
per Barrel
Unit basis: USD per Million British Thermal Units ÷ USD per Barrel. The ratio reads as Barrels of crude oil brent futures per Million British Thermal Units of natural gas futures. Prices as of Mon, 24 Aug 2026 10:38:35 GMT.
1Y average
0.04634
median 0.04493
1Y low
0.02324
Apr 29, 2026
1Y high
0.1039
Jan 25, 2026
Normal band
0.02954–0.06314
mean ± 1 std dev
Deviation from mean
-0.99σ
303 observations
Natural Gas Futures to Crude Oil Brent Futures ratio charts
Pick a range once — it applies to the NG-FUT/BRENTOIL-FUT ratio line, the OHLC candles and the Natural Gas Futures / Crude Oil Brent Futures price chart below.
NG-FUT/BRENTOIL-FUT ratio line
How many Bbl of Crude Oil Brent Futures one MMBtu of Natural Gas Futures buys, over 1Y.
NG-FUT/BRENTOIL-FUT ratio candles
Open, high, low and close of the NG-FUT/BRENTOIL-FUT ratio for each period in the last 1Y.
Natural Gas Futures and Crude Oil Brent Futures 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 crude oil brent futures ratio
Natural Gas Futures to Crude Oil Brent Futures ratio = Natural Gas Futures price per Million British Thermal Units ÷ Crude Oil Brent Futures price per Barrel
The two legs use different units, so the result is a rate — Barrels of crude oil brent futures per Million British Thermal Units of natural gas futures — rather than a plain count.
Worked example, live prices: $2.76 ÷ $92.72 = 0.02977. The inverse is 33.59.
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 crude oil brent futures ratio today?
The natural gas futures to crude oil brent futures ratio is 0.02977 — Natural Gas Futures at $2.76 per Million British Thermal Units divided by Crude Oil Brent Futures at $92.72 per Barrel, from live mid-market prices.
How do you calculate the natural gas futures to crude oil brent futures ratio?
Divide the natural gas futures price per Million British Thermal Units by the crude oil brent futures 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 brent futures per Million British Thermal Units of natural gas futures.
What is the inverse of the natural gas futures to crude oil brent futures ratio?
The inverse, crude oil brent futures to natural gas futures, is 33.59 — how many Million British Thermal Unitss of natural gas futures one Barrel of crude oil brent futures buys.