Commodity ratio · live
Ural Oil to Wheat Futures Ratio
The ural oil to wheat futures ratio is 0.1237 — Ural Oil at $85.87 per Barrel divided by Wheat Futures at $693.90 per Ounce.
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 Wheat Futures ratio
1.000 Bbl of ural oil = 0.1237 Oz of wheat futures
Inverse (ZW-FUT/URAL-OIL): 8.081 — one Ounce of wheat futures buys that much ural oil.
Close to the middle of its 1 year range. (64th percentile of the last 1 year)
Ural Oil
$85.87
per Barrel
Wheat Futures
$693.90
per Ounce
Unit basis: USD per Barrel ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Barrel of ural oil. Prices as of Mon, 24 Aug 2026 10:37:15 GMT.
1Y average
0.1246
median 0.1150
1Y low
0.08418
Jul 13, 2026
1Y high
0.2154
Apr 8, 2026
Normal band
0.09520–0.1540
mean ± 1 std dev
Deviation from mean
-0.03σ
303 observations
Ural Oil to Wheat Futures ratio charts
Pick a range once — it applies to the URAL-OIL/ZW-FUT ratio line, the OHLC candles and the Ural Oil / Wheat Futures price chart below.
URAL-OIL/ZW-FUT ratio line
How many Oz of Wheat Futures one Bbl of Ural Oil buys, over 1Y.
URAL-OIL/ZW-FUT ratio candles
Open, high, low and close of the URAL-OIL/ZW-FUT ratio for each period in the last 1Y.
Ural Oil and Wheat 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 wheat futures ratio
Ural Oil to Wheat Futures ratio = Ural Oil price per Barrel ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per Barrel of ural oil — rather than a plain count.
Worked example, live prices: $85.87 ÷ $693.90 = 0.1237. The inverse is 8.081.
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 wheat futures ratio today?
The ural oil to wheat futures ratio is 0.1237 — Ural Oil at $85.87 per Barrel divided by Wheat Futures at $693.90 per Ounce, from live mid-market prices.
How do you calculate the ural oil to wheat futures ratio?
Divide the ural oil price per Barrel by the wheat futures price per Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Ounces of wheat futures per Barrel of ural oil.
What is the inverse of the ural oil to wheat futures ratio?
The inverse, wheat futures to ural oil, is 8.081 — how many Barrels of ural oil one Ounce of wheat futures buys.