Commodity ratio · live
Ural Oil to Nickel Futures Ratio
The ural oil to nickel futures ratio is 0.005051 — Ural Oil at $85.87 per Barrel divided by Nickel Futures at $16,999.88 per Metric Ton.
Prices as of Aug 24, 2026, 10:37 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Ural Oil to Nickel Futures ratio
1.000 Bbl of ural oil = 0.005051 T of nickel futures
Inverse (NICKEL-FUT/URAL-OIL): 198.0 — one Metric Ton of nickel futures buys that much ural oil.
Above its 1 year average. (78th percentile of the last 1 year)
Ural Oil
$85.87
per Barrel
Nickel Futures
$16,999.88
per Metric Ton
Unit basis: USD per Barrel ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Barrel of ural oil. Prices as of Mon, 24 Aug 2026 10:37:59 GMT.
1Y average
0.004246
median 0.003958
1Y low
0.002682
Jan 7, 2026
1Y high
0.007279
Apr 8, 2026
Normal band
0.003234–0.005257
mean ± 1 std dev
Deviation from mean
+0.80σ
314 observations
Ural Oil to Nickel Futures ratio charts
Pick a range once — it applies to the URAL-OIL/NICKEL-FUT ratio line, the OHLC candles and the Ural Oil / Nickel Futures price chart below.
URAL-OIL/NICKEL-FUT ratio line
How many T of Nickel Futures one Bbl of Ural Oil buys, over 1Y.
URAL-OIL/NICKEL-FUT ratio candles
Open, high, low and close of the URAL-OIL/NICKEL-FUT ratio for each period in the last 1Y.
Ural Oil and Nickel Futures 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 nickel futures ratio
Ural Oil to Nickel Futures ratio = Ural Oil price per Barrel ÷ Nickel Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of nickel futures per Barrel of ural oil — rather than a plain count.
Worked example, live prices: $85.87 ÷ $16,999.88 = 0.005051. The inverse is 198.0.
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 nickel futures ratio today?
The ural oil to nickel futures ratio is 0.005051 — Ural Oil at $85.87 per Barrel divided by Nickel Futures at $16,999.88 per Metric Ton, from live mid-market prices.
How do you calculate the ural oil to nickel futures ratio?
Divide the ural oil price per Barrel by the nickel futures 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 nickel futures per Barrel of ural oil.
What is the inverse of the ural oil to nickel futures ratio?
The inverse, nickel futures to ural oil, is 198.0 — how many Barrels of ural oil one Metric Ton of nickel futures buys.