Commodity ratio · live
Steel to Crude Oil Dubai Ratio
The steel to crude oil dubai ratio is 32.39 — Steel at $3,066.00 per Metric Ton divided by Crude Oil Dubai at $94.67 per Barrel.
Prices as of Aug 24, 2026, 11:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Steel to Crude Oil Dubai ratio
1.000 T of steel = 32.386 Bbl of crude oil dubai
Inverse (DBLC1/STEEL): 0.03088 — one Barrel of crude oil dubai buys that much steel.
Steel
¥3,066.00
per Metric Ton
Crude Oil Dubai
$94.67
per Barrel
Unit basis: CNY per Metric Ton ÷ USD per Barrel. The ratio reads as Barrels of crude oil dubai per Metric Ton of steel. Prices as of Mon, 24 Aug 2026 11:32:00 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
Steel to Crude Oil Dubai ratio charts
Pick a range once — it applies to the STEEL/DBLC1 ratio line, the OHLC candles and the Steel / Crude Oil Dubai price chart below.
STEEL/DBLC1 ratio line
How many Bbl of Crude Oil Dubai one T of Steel buys, over 1Y.
No overlapping history for STEEL/DBLC1 over 1Y. Try a longer range.
STEEL/DBLC1 ratio candles
Open, high, low and close of the STEEL/DBLC1 ratio for each period in the last 1Y.
No overlapping history for STEEL/DBLC1 over 1Y. Try a longer range.
Steel and Crude Oil Dubai prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the steel to crude oil dubai ratio
Steel to Crude Oil Dubai ratio = Steel price per Metric Ton ÷ Crude Oil Dubai price per Barrel
The two legs use different units, so the result is a rate — Barrels of crude oil dubai per Metric Ton of steel — rather than a plain count.
Worked example, live prices: $3,066.00 ÷ $94.67 = 32.39. The inverse is 0.03088.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the steel to crude oil dubai ratio today?
The steel to crude oil dubai ratio is 32.39 — Steel at $3,066.00 per Metric Ton divided by Crude Oil Dubai at $94.67 per Barrel, from live mid-market prices.
How do you calculate the steel to crude oil dubai ratio?
Divide the steel price per Metric Ton by the crude oil dubai 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 dubai per Metric Ton of steel.
What is the inverse of the steel to crude oil dubai ratio?
The inverse, crude oil dubai to steel, is 0.03088 — how many Metric Tons of steel one Barrel of crude oil dubai buys.