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Iron Ore 62% FE to Crude Oil Dubai Ratio

The iron ore 62% fe to crude oil dubai ratio is 1.006 Iron Ore 62% FE at $95.28 per Metric Ton divided by Crude Oil Dubai at $94.67 per Barrel.

Prices as of Aug 24, 2026, 11:21 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Iron Ore 62% FE to Crude Oil Dubai ratio

1.006

1.000 T of iron ore 62% fe = 1.006 Bbl of crude oil dubai

Inverse (DBLC1/TIOC): 0.9936 — one Barrel of crude oil dubai buys that much iron ore 62% fe.

Iron Ore 62% FE

$95.28

per Metric Ton

Crude Oil Dubai

$94.67

per Barrel

Unit basis: USD per Metric Ton ÷ USD per Barrel. The ratio reads as Barrels of crude oil dubai per Metric Ton of iron ore 62% fe. Prices as of Mon, 24 Aug 2026 11:21:08 GMT.

Iron Ore 62% FE to Crude Oil Dubai ratio charts

Pick a range once — it applies to the TIOC/DBLC1 ratio line, the OHLC candles and the Iron Ore 62% FE / Crude Oil Dubai price chart below.

One of these commodities only updates monthly, so short ranges are unavailable.

TIOC/DBLC1 ratio line

How many Bbl of Crude Oil Dubai one T of Iron Ore 62% FE buys, over 1Y.

No overlapping history for TIOC/DBLC1 over 1Y. Try a longer range.

TIOC/DBLC1 ratio candles

Open, high, low and close of the TIOC/DBLC1 ratio for each period in the last 1Y.

No overlapping history for TIOC/DBLC1 over 1Y. Try a longer range.

Iron Ore 62% FE 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 iron ore 62% fe to crude oil dubai ratio

Iron Ore 62% FE to Crude Oil Dubai ratio = Iron Ore 62% FE 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 iron ore 62% fe — rather than a plain count.

Worked example, live prices: $95.28 ÷ $94.67 = 1.006. The inverse is 0.9936.

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 iron ore 62% fe to crude oil dubai ratio today?

The iron ore 62% fe to crude oil dubai ratio is 1.006 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Crude Oil Dubai at $94.67 per Barrel, from live mid-market prices.

How do you calculate the iron ore 62% fe to crude oil dubai ratio?

Divide the iron ore 62% fe 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 iron ore 62% fe.

What is the inverse of the iron ore 62% fe to crude oil dubai ratio?

The inverse, crude oil dubai to iron ore 62% fe, is 0.9936 — how many Metric Tons of iron ore 62% fe one Barrel of crude oil dubai buys.

Iron Ore 62% FE to Crude Oil Dubai Ratio — 1.006 Today | CommodityPriceAPI