Commodity ratio · live
Nickel Futures to Ural Oil Ratio
The nickel futures to ural oil ratio is 198.0 — Nickel Futures at $16,999.88 per Metric Ton divided by Ural Oil at $85.87 per Barrel.
Prices as of Aug 24, 2026, 10:37 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Nickel Futures to Ural Oil ratio
1.000 T of nickel futures = 197.972 Bbl of ural oil
Inverse (URAL-OIL/NICKEL-FUT): 0.005051 — one Barrel of ural oil buys that much nickel futures.
Below its 1 year average. (22th percentile of the last 1 year)
Nickel Futures
$16,999.88
per Metric Ton
Ural Oil
$85.87
per Barrel
Unit basis: USD per Metric Ton ÷ USD per Barrel. The ratio reads as Barrels of ural oil per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 10:37:59 GMT.
1Y average
247.7
median 252.7
1Y low
137.4
Apr 8, 2026
1Y high
372.8
Jan 7, 2026
Normal band
195.1–300.3
mean ± 1 std dev
Deviation from mean
-0.94σ
314 observations
Nickel Futures to Ural Oil ratio charts
Pick a range once — it applies to the NICKEL-FUT/URAL-OIL ratio line, the OHLC candles and the Nickel Futures / Ural Oil price chart below.
NICKEL-FUT/URAL-OIL ratio line
How many Bbl of Ural Oil one T of Nickel Futures buys, over 1Y.
NICKEL-FUT/URAL-OIL ratio candles
Open, high, low and close of the NICKEL-FUT/URAL-OIL ratio for each period in the last 1Y.
Nickel Futures and Ural Oil prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the nickel futures to ural oil ratio
Nickel Futures to Ural Oil ratio = Nickel Futures price per Metric Ton ÷ Ural Oil price per Barrel
The two legs use different units, so the result is a rate — Barrels of ural oil per Metric Ton of nickel futures — rather than a plain count.
Worked example, live prices: $16,999.88 ÷ $85.87 = 198.0. The inverse is 0.005051.
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 nickel futures to ural oil ratio today?
The nickel futures to ural oil ratio is 198.0 — Nickel Futures at $16,999.88 per Metric Ton divided by Ural Oil at $85.87 per Barrel, from live mid-market prices.
How do you calculate the nickel futures to ural oil ratio?
Divide the nickel futures price per Metric Ton by the ural oil price per Barrel. If the two units differ, the result is a rate rather than a plain count — read it as Barrels of ural oil per Metric Ton of nickel futures.
What is the inverse of the nickel futures to ural oil ratio?
The inverse, ural oil to nickel futures, is 0.005051 — how many Metric Tons of nickel futures one Barrel of ural oil buys.