Commodity ratio · live
Wheat Futures to Ural Oil Ratio
The wheat futures to ural oil ratio is 5.883 — Wheat Futures at $625.00 per ounce divided by Ural Oil at $106.24 per barrel.
Prices as of Oct 25, 2026, 6:51 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Ural Oil ratio
1.000 Oz of wheat futures = 5.883 Bbl of ural oil
Inverse (URAL-OIL/ZW-FUT): 0.1700 — one barrel of ural oil buys that much wheat futures.
Below its 1 year average. (15th percentile of the last 1 year)
Wheat Futures
$625.00
per ounce
Ural Oil
$106.24
per barrel
Unit basis: USD per ounce ÷ USD per barrel. The two legs are priced per different things — dollars per ounce against dollars per barrel — so the result is a rate: barrels of ural oil per ounce of wheat futures, not a plain count. Prices as of Sun, 25 Oct 2026 06:51:35 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
8.149
median 8.525
1Y low
4.582
Apr 8, 2026
1Y high
12.06
Jul 14, 2026
Normal band
6.325–9.973
mean ± 1 std dev
Deviation from mean
-1.24σ
157 observations
Wheat Futures to Ural Oil ratio charts
Pick a range once — it applies to the ZW-FUT/URAL-OIL ratio line, the OHLC candles and the Wheat Futures / Ural Oil price chart below.
ZW-FUT/URAL-OIL ratio line
How many Bbl of Ural Oil one Oz of Wheat Futures buys, over 1Y.
ZW-FUT/URAL-OIL ratio candles
Open, high, low and close of the ZW-FUT/URAL-OIL ratio for each period in the last 1Y.
Wheat Futures and Ural 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 ural oil ratio
Wheat Futures to Ural Oil ratio = Wheat Futures price in USD per ounce ÷ Ural Oil price in USD per barrel
The two legs are priced per different things — dollars per ounce against dollars per barrel — so the result is a rate: barrels of ural oil per ounce of wheat futures, not a plain count.
Worked example, live prices: $625.00 per ounce ÷ $106.24 per barrel = 5.883. The inverse is 0.1700.
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 | 3996.02 |
| 2 | XAG | Silver | 53.95 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 103.23 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 116.72 |
| 5 | NG-FUT | Natural Gas Futures | 2.64 |
| 6 | XPT | Platinum | 1560.88 |
| 7 | XPD | Palladium | 1057.60 |
Frequently asked questions
What is the wheat futures to ural oil ratio today?
The wheat futures to ural oil ratio is 5.883 — Wheat Futures at $625.00 per ounce divided by Ural Oil at $106.24 per barrel, from live mid-market prices.
How do you calculate the wheat futures to ural oil ratio?
Divide the wheat futures price per ounce by the ural oil price per barrel. The two legs are priced per different things — dollars per ounce against dollars per barrel — so the result is a rate: barrels of ural oil per ounce of wheat futures, not a plain count.
What is the inverse of the wheat futures to ural oil ratio?
The inverse, ural oil to wheat futures, is 0.1700 — how many ounces of wheat futures one barrel of ural oil buys.