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Crude Oil WTI Futures to Bitumen Ratio

The crude oil wti futures to bitumen ratio is 0.01886 Crude Oil WTI Futures at $85.69 per Barrel divided by Bitumen at $4,544.00 per Metric Ton.

Prices as of Aug 24, 2026, 11:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Barrel

Crude Oil WTI Futures to Bitumen ratio

0.01886+2.66% / 1Y

1.000 Bbl of crude oil wti futures = 0.01886 T of bitumen

Inverse (BIT/WTIOIL-FUT): 53.03 — one Metric Ton of bitumen buys that much crude oil wti futures.

Close to the middle of its 1 year range. (31th percentile of the last 1 year)

Crude Oil WTI Futures

$85.69

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 crude oil wti futures. Prices as of Mon, 24 Aug 2026 11:27:17 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

0.02011

median 0.01942

1Y low

0.01691

Oct 19, 2025

1Y high

0.02764

Apr 7, 2026

Normal band

0.01821–0.02200

mean ± 1 std dev

Deviation from mean

-0.66σ

263 observations

Crude Oil WTI Futures to Bitumen ratio charts

Pick a range once — it applies to the WTIOIL-FUT/BIT ratio line, the OHLC candles and the Crude Oil WTI Futures / Bitumen price chart below.

WTIOIL-FUT/BIT ratio line

How many T of Bitumen one Bbl of Crude Oil WTI Futures buys, over 1Y.

WTIOIL-FUT/BIT ratio candles

Open, high, low and close of the WTIOIL-FUT/BIT ratio for each period in the last 1Y.

Crude Oil WTI Futures 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 crude oil wti futures to bitumen ratio

Crude Oil WTI Futures to Bitumen ratio = Crude Oil WTI Futures 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 crude oil wti futures — rather than a plain count.

Worked example, live prices: $85.69 ÷ $4,544.00 = 0.01886. The inverse is 53.03.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the crude oil wti futures to bitumen ratio today?

The crude oil wti futures to bitumen ratio is 0.01886 — Crude Oil WTI Futures at $85.69 per Barrel divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.

How do you calculate the crude oil wti futures to bitumen ratio?

Divide the crude oil wti futures 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 crude oil wti futures.

What is the inverse of the crude oil wti futures to bitumen ratio?

The inverse, bitumen to crude oil wti futures, is 53.03 — how many Barrels of crude oil wti futures one Metric Ton of bitumen buys.

Crude Oil WTI Futures to Bitumen Ratio — 0.01886 Today | CommodityPriceAPI