Commodity ratio · live
Ural Oil to Bitumen Ratio
The ural oil to bitumen ratio is 0.01890 — Ural Oil at $85.87 per Barrel divided by Bitumen at $4,544.00 per Metric Ton.
Prices as of Aug 24, 2026, 10:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Ural Oil to Bitumen ratio
1.000 Bbl of ural oil = 0.01890 T of bitumen
Inverse (BIT/URAL-OIL): 52.92 — one Metric Ton of bitumen buys that much ural oil.
Close to the middle of its 1 year range. (65th percentile of the last 1 year)
Ural Oil
$85.87
per Barrel
Bitumen
¥4,544.00
per Metric Ton
Unit basis: USD per Barrel ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Barrel of ural oil. Prices as of Mon, 24 Aug 2026 10:28:29 GMT.
These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.01912
median 0.01815
1Y low
0.01296
Jul 3, 2026
1Y high
0.03142
Apr 8, 2026
Normal band
0.01577–0.02246
mean ± 1 std dev
Deviation from mean
-0.07σ
308 observations
Ural Oil to Bitumen ratio charts
Pick a range once — it applies to the URAL-OIL/BIT ratio line, the OHLC candles and the Ural Oil / Bitumen price chart below.
URAL-OIL/BIT ratio line
How many T of Bitumen one Bbl of Ural Oil buys, over 1Y.
URAL-OIL/BIT ratio candles
Open, high, low and close of the URAL-OIL/BIT ratio for each period in the last 1Y.
Ural Oil and Bitumen prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the ural oil to bitumen ratio
Ural Oil to Bitumen ratio = Ural Oil price per Barrel ÷ Bitumen price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of bitumen per Barrel of ural oil — rather than a plain count.
Worked example, live prices: $85.87 ÷ $4,544.00 = 0.01890. The inverse is 52.92.
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 ural oil to bitumen ratio today?
The ural oil to bitumen ratio is 0.01890 — Ural Oil at $85.87 per Barrel divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.
How do you calculate the ural oil to bitumen ratio?
Divide the ural oil price per Barrel by the bitumen price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of bitumen per Barrel of ural oil.
What is the inverse of the ural oil to bitumen ratio?
The inverse, bitumen to ural oil, is 52.92 — how many Barrels of ural oil one Metric Ton of bitumen buys.