Commodity ratio · live
Iron Ore 62% FE to Ural Oil Ratio
The iron ore 62% fe to ural oil ratio is 1.110 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Ural Oil at $85.87 per Barrel.
Prices as of Aug 24, 2026, 11:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Iron Ore 62% FE to Ural Oil ratio
1.000 T of iron ore 62% fe = 1.110 Bbl of ural oil
Inverse (URAL-OIL/TIOC): 0.9012 — one Barrel of ural oil buys that much iron ore 62% fe.
Below its 1 year average. (20th percentile of the last 1 year)
Iron Ore 62% FE
$95.28
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 iron ore 62% fe. Prices as of Mon, 24 Aug 2026 11:29:42 GMT.
1Y average
1.544
median 1.666
1Y low
0.8388
Apr 8, 2026
1Y high
2.192
Jan 2, 2026
Normal band
1.153–1.935
mean ± 1 std dev
Deviation from mean
-1.11σ
199 observations
Iron Ore 62% FE to Ural Oil ratio charts
Pick a range once — it applies to the TIOC/URAL-OIL ratio line, the OHLC candles and the Iron Ore 62% FE / Ural Oil price chart below.
TIOC/URAL-OIL ratio line
How many Bbl of Ural Oil one T of Iron Ore 62% FE buys, over 1Y.
TIOC/URAL-OIL ratio candles
Open, high, low and close of the TIOC/URAL-OIL ratio for each period in the last 1Y.
Iron Ore 62% FE 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 iron ore 62% fe to ural oil ratio
Iron Ore 62% FE to Ural Oil ratio = Iron Ore 62% FE 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 iron ore 62% fe — rather than a plain count.
Worked example, live prices: $95.28 ÷ $85.87 = 1.110. The inverse is 0.9012.
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 iron ore 62% fe to ural oil ratio today?
The iron ore 62% fe to ural oil ratio is 1.110 — Iron Ore 62% FE at $95.28 per Metric Ton divided by Ural Oil at $85.87 per Barrel, from live mid-market prices.
How do you calculate the iron ore 62% fe to ural oil ratio?
Divide the iron ore 62% fe 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 iron ore 62% fe.
What is the inverse of the iron ore 62% fe to ural oil ratio?
The inverse, ural oil to iron ore 62% fe, is 0.9012 — how many Metric Tons of iron ore 62% fe one Barrel of ural oil buys.