Commodity ratio · live
Crude Oil WTI Futures to Wheat Futures Ratio
The crude oil wti futures to wheat futures ratio is 0.1236 — Crude Oil WTI Futures at $85.69 per Barrel divided by Wheat Futures at $693.39 per Ounce.
Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Crude Oil WTI Futures to Wheat Futures ratio
1.000 Bbl of crude oil wti futures = 0.1236 Oz of wheat futures
Inverse (ZW-FUT/WTIOIL-FUT): 8.092 — one Ounce of wheat futures buys that much crude oil wti futures.
Close to the middle of its 1 year range. (56th percentile of the last 1 year)
Crude Oil WTI Futures
$85.69
per Barrel
Wheat Futures
$693.39
per Ounce
Unit basis: USD per Barrel ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Barrel of crude oil wti futures. Prices as of Mon, 24 Aug 2026 10:38:57 GMT.
1Y average
0.1323
median 0.1211
1Y low
0.1060
Nov 2, 2025
1Y high
0.1957
Apr 5, 2026
Normal band
0.1107–0.1539
mean ± 1 std dev
Deviation from mean
-0.40σ
269 observations
Crude Oil WTI Futures to Wheat Futures ratio charts
Pick a range once — it applies to the WTIOIL-FUT/ZW-FUT ratio line, the OHLC candles and the Crude Oil WTI Futures / Wheat Futures price chart below.
WTIOIL-FUT/ZW-FUT ratio line
How many Oz of Wheat Futures one Bbl of Crude Oil WTI Futures buys, over 1Y.
WTIOIL-FUT/ZW-FUT ratio candles
Open, high, low and close of the WTIOIL-FUT/ZW-FUT ratio for each period in the last 1Y.
Crude Oil WTI Futures 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 crude oil wti futures to wheat futures ratio
Crude Oil WTI Futures to Wheat Futures ratio = Crude Oil WTI Futures 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 crude oil wti futures — rather than a plain count.
Worked example, live prices: $85.69 ÷ $693.39 = 0.1236. The inverse is 8.092.
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 crude oil wti futures to wheat futures ratio today?
The crude oil wti futures to wheat futures ratio is 0.1236 — Crude Oil WTI Futures at $85.69 per Barrel divided by Wheat Futures at $693.39 per Ounce, from live mid-market prices.
How do you calculate the crude oil wti futures to wheat futures ratio?
Divide the crude oil wti futures 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 crude oil wti futures.
What is the inverse of the crude oil wti futures to wheat futures ratio?
The inverse, wheat futures to crude oil wti futures, is 8.092 — how many Barrels of crude oil wti futures one Ounce of wheat futures buys.