Commodity ratio · live

UK Gas to Natural Gas Futures Ratio

The uk gas to natural gas futures ratio is 59.36 UK Gas at $166.22 per Therm divided by Natural Gas Futures at $2.80 per Million British Thermal Units.

Prices as of Aug 24, 2026, 11:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Therm

UK Gas to Natural Gas Futures ratio

59.36+130.35% / 1Y

1.000 Thm of uk gas = 59.364 MMBtu of natural gas futures

Inverse (NG-FUT/UK-GAS): 0.01685 — one Million British Thermal Units of natural gas futures buys that much uk gas.

Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)

UK Gas

$166.22

per Therm

Natural Gas Futures

$2.80

per Million British Thermal Units

Unit basis: USD per Therm ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas futures per Therm of uk gas. Prices as of Mon, 24 Aug 2026 11:34:41 GMT.

1Y average

32.65

median 30.68

1Y low

12.67

Dec 5, 2025

1Y high

60.79

Aug 23, 2026

Normal band

20.92–44.38

mean ± 1 std dev

Deviation from mean

+2.28σ

335 observations

UK Gas to Natural Gas Futures ratio charts

Pick a range once — it applies to the UK-GAS/NG-FUT ratio line, the OHLC candles and the UK Gas / Natural Gas Futures price chart below.

UK-GAS/NG-FUT ratio line

How many MMBtu of Natural Gas Futures one Thm of UK Gas buys, over 1Y.

UK-GAS/NG-FUT ratio candles

Open, high, low and close of the UK-GAS/NG-FUT ratio for each period in the last 1Y.

UK Gas and Natural Gas Futures prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the uk gas to natural gas futures ratio

UK Gas to Natural Gas Futures ratio = UK Gas price per Therm ÷ Natural Gas Futures price per Million British Thermal Units

The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas futures per Therm of uk gas — rather than a plain count.

Worked example, live prices: $166.22 ÷ $2.80 = 59.36. The inverse is 0.01685.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the uk gas to natural gas futures ratio today?

The uk gas to natural gas futures ratio is 59.36 — UK Gas at $166.22 per Therm divided by Natural Gas Futures at $2.80 per Million British Thermal Units, from live mid-market prices.

How do you calculate the uk gas to natural gas futures ratio?

Divide the uk gas price per Therm by the natural gas futures price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas futures per Therm of uk gas.

What is the inverse of the uk gas to natural gas futures ratio?

The inverse, natural gas futures to uk gas, is 0.01685 — how many Therms of uk gas one Million British Thermal Units of natural gas futures buys.