Commodity ratio · live
Wheat Futures to Gas Oil Ratio
The wheat futures to gas oil ratio is 1723557 — Wheat Futures at $25,444.87 per kilogram divided by Gas Oil at $0.01476 per kilogram.
Wheat futures is quoted per ounce and gas oil per 100 tonnes, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
Prices as of Sep 22, 2026, 8:23 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Gas Oil ratio
1.000 kg of wheat futures = 1,723,557 kg of gas oil
Inverse (LGO/ZW-FUT): 5.802e-7 — one kilogram of gas oil buys that much wheat futures.
Near the bottom of its 1 year range — historically compressed. (5th percentile of the last 1 year)
Wheat Futures
$25,444.87
per kilogram
Gas Oil
$0.01476
per kilogram
Unit basis: USD per kilogram ÷ USD per kilogram. Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number. Prices as of Tue, 22 Sep 2026 08:23:50 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
Wheat futures is quoted per ounce and gas oil per 100 tonnes, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
1Y average
2317696
median 2254827
1Y low
1438580
Apr 7, 2026
1Y high
3087136
Jan 8, 2026
Normal band
1891572–2743819
mean ± 1 std dev
Deviation from mean
-1.39σ
150 observations
Wheat Futures to Gas Oil ratio charts
Pick a range once — it applies to the ZW-FUT/LGO ratio line, the OHLC candles and the Wheat Futures / Gas Oil price chart below.
ZW-FUT/LGO ratio line
How many kg of Gas Oil one kg of Wheat Futures buys, over 1Y.
ZW-FUT/LGO ratio candles
Open, high, low and close of the ZW-FUT/LGO ratio for each period in the last 1Y.
Wheat Futures and Gas Oil prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the wheat futures to gas oil ratio
Wheat Futures to Gas Oil ratio = Wheat Futures price in USD per kilogram ÷ Gas Oil price in USD per kilogram
Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number.
Wheat futures is quoted per ounce and gas oil per 100 tonnes, so both are restated per kilogram first. Dividing the two quotes as published would be out by exactly that much.
Worked example, live prices: $25,444.87 per kilogram ÷ $0.01476 per kilogram = 1723557. The inverse is 5.802e-7.
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 | 4338.18 |
| 2 | XAG | Silver | 66.42 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 89.50 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 98.70 |
| 5 | NG-FUT | Natural Gas Futures | 3.02 |
| 6 | PL | 1818.02 | |
| 7 | PA | 1303.30 |
Frequently asked questions
What is the wheat futures to gas oil ratio today?
The wheat futures to gas oil ratio is 1723557 — Wheat Futures at $25,444.87 per kilogram divided by Gas Oil at $0.01476 per kilogram, from live mid-market prices. Both figures are US dollars per kilogram.
How do you calculate the wheat futures to gas oil ratio?
Divide the wheat futures price per kilogram by the gas oil price per kilogram. Both legs are priced in US dollars per kilogram, so the dollars and the kilograms cancel and the result is a plain unitless number.
What is the inverse of the wheat futures to gas oil ratio?
The inverse, gas oil to wheat futures, is 5.802e-7 — how many kilograms of wheat futures one kilogram of gas oil buys.