Commodity ratio · live
Iron Ore 62% FE to Crude Oil Brent Futures Ratio
The iron ore 62% fe to crude oil brent futures ratio is 1.028 — Iron Ore 62% FE at $95.28 per Metric Ton 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.
Iron Ore 62% FE to Crude Oil Brent Futures ratio
1.000 T of iron ore 62% fe = 1.028 Bbl of crude oil brent futures
Inverse (BRENTOIL-FUT/TIOC): 0.9731 — one Barrel of crude oil brent futures buys that much iron ore 62% fe.
Below its 1 year average. (15th percentile of the last 1 year)
Iron Ore 62% FE
$95.28
per Metric Ton
Crude Oil Brent Futures
$92.72
per Barrel
Unit basis: USD per Metric Ton ÷ USD per Barrel. The ratio reads as Barrels of crude oil brent futures per Metric Ton of iron ore 62% fe. Prices as of Mon, 24 Aug 2026 10:38:05 GMT.
1Y average
1.388
median 1.515
1Y low
0.9121
Mar 27, 2026
1Y high
1.820
Dec 16, 2025
Normal band
1.095–1.681
mean ± 1 std dev
Deviation from mean
-1.23σ
176 observations
Iron Ore 62% FE to Crude Oil Brent Futures ratio charts
Pick a range once — it applies to the TIOC/BRENTOIL-FUT ratio line, the OHLC candles and the Iron Ore 62% FE / Crude Oil Brent Futures price chart below.
TIOC/BRENTOIL-FUT ratio line
How many Bbl of Crude Oil Brent Futures one T of Iron Ore 62% FE buys, over 1Y.
TIOC/BRENTOIL-FUT ratio candles
Open, high, low and close of the TIOC/BRENTOIL-FUT ratio for each period in the last 1Y.
Iron Ore 62% FE 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 iron ore 62% fe to crude oil brent futures ratio
Iron Ore 62% FE to Crude Oil Brent Futures ratio = Iron Ore 62% FE price per Metric Ton ÷ 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 Metric Ton of iron ore 62% fe — rather than a plain count.
Worked example, live prices: $95.28 ÷ $92.72 = 1.028. The inverse is 0.9731.
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 iron ore 62% fe to crude oil brent futures ratio today?
The iron ore 62% fe to crude oil brent futures ratio is 1.028 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Crude Oil Brent Futures at $92.72 per Barrel, from live mid-market prices.
How do you calculate the iron ore 62% fe to crude oil brent futures ratio?
Divide the iron ore 62% fe price per Metric Ton 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 Metric Ton of iron ore 62% fe.
What is the inverse of the iron ore 62% fe to crude oil brent futures ratio?
The inverse, crude oil brent futures to iron ore 62% fe, is 0.9731 — how many Metric Tons of iron ore 62% fe one Barrel of crude oil brent futures buys.