Commodity ratio · live

Natural Gas Futures to Gas Oil Ratio

The natural gas futures to gas oil ratio is 0.002218 Natural Gas Futures at $2.80 per Million British Thermal Units divided by Gas Oil at $1,262.20 per 100 Tonnes.

Prices as of Aug 24, 2026, 11:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Million British Thermal Units

Natural Gas Futures to Gas Oil ratio

0.002218-50.44% / 1Y

1.000 MMBtu of natural gas futures = 0.002218 100 T of gas oil

Inverse (LGO/NG-FUT): 450.8 — one 100 Tonnes of gas oil buys that much natural gas futures.

Near the bottom of its 1 year range — historically compressed. (7th percentile of the last 1 year)

Natural Gas Futures

$2.80

per Million British Thermal Units

Gas Oil

$1,262.20

per 100 Tonnes

Unit basis: USD per Million British Thermal Units ÷ USD per 100 Tonnes. The ratio reads as 100 Tonness of gas oil per Million British Thermal Units of natural gas futures. Prices as of Mon, 24 Aug 2026 11:33:04 GMT.

1Y average

0.004096

median 0.003857

1Y low

0.001928

Apr 2, 2026

1Y high

0.01002

Jan 25, 2026

Normal band

0.002448–0.005743

mean ± 1 std dev

Deviation from mean

-1.14σ

306 observations

Natural Gas Futures to Gas Oil ratio charts

Pick a range once — it applies to the NG-FUT/LGO ratio line, the OHLC candles and the Natural Gas Futures / Gas Oil price chart below.

NG-FUT/LGO ratio line

How many 100 T of Gas Oil one MMBtu of Natural Gas Futures buys, over 1Y.

NG-FUT/LGO ratio candles

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

Natural Gas Futures and Gas Oil 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 gas oil ratio

Natural Gas Futures to Gas Oil ratio = Natural Gas Futures price per Million British Thermal Units ÷ Gas Oil price per 100 Tonnes

The two legs use different units, so the result is a rate — 100 Tonness of gas oil per Million British Thermal Units of natural gas futures — rather than a plain count.

Worked example, live prices: $2.80 ÷ $1,262.20 = 0.002218. The inverse is 450.8.

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 natural gas futures to gas oil ratio today?

The natural gas futures to gas oil ratio is 0.002218 — Natural Gas Futures at $2.80 per Million British Thermal Units divided by Gas Oil at $1,262.20 per 100 Tonnes, from live mid-market prices.

How do you calculate the natural gas futures to gas oil ratio?

Divide the natural gas futures price per Million British Thermal Units by the gas oil price per 100 Tonnes. If the two units differ, the result is a rate rather than a plain count — read it as 100 Tonness of gas oil per Million British Thermal Units of natural gas futures.

What is the inverse of the natural gas futures to gas oil ratio?

The inverse, gas oil to natural gas futures, is 450.8 — how many Million British Thermal Unitss of natural gas futures one 100 Tonnes of gas oil buys.

Natural Gas Futures to Gas Oil Ratio — 0.002218 Today | CommodityPriceAPI