Commodity ratio · live
Wheat Futures to Gas Oil Ratio
The wheat futures to gas oil ratio is 0.5507 — Wheat Futures at $695.04 per Ounce divided by Gas Oil at $1,262.00 per 100 Tonnes.
Prices as of Aug 24, 2026, 11:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to Gas Oil ratio
1.000 Oz of wheat futures = 0.5507 100 T of gas oil
Inverse (LGO/ZW-FUT): 1.816 — one 100 Tonnes of gas oil buys that much wheat futures.
Below its 1 year average. (24th percentile of the last 1 year)
Wheat Futures
$695.04
per Ounce
Gas Oil
$1,262.00
per 100 Tonnes
Unit basis: USD per Ounce ÷ USD per 100 Tonnes. The ratio reads as 100 Tonness of gas oil per Ounce of wheat futures. Prices as of Mon, 24 Aug 2026 11:35:10 GMT.
1Y average
0.6673
median 0.6934
1Y low
0.4078
Apr 7, 2026
1Y high
0.8752
Jan 8, 2026
Normal band
0.5469–0.7878
mean ± 1 std dev
Deviation from mean
-0.97σ
300 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 100 T of Gas Oil one Oz 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 per Ounce ÷ Gas Oil price per 100 Tonnes
The two legs use different units, so the result is a rate — 100 Tonness of gas oil per Ounce of wheat futures — rather than a plain count.
Worked example, live prices: $695.04 ÷ $1,262.00 = 0.5507. The inverse is 1.816.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the wheat futures to gas oil ratio today?
The wheat futures to gas oil ratio is 0.5507 — Wheat Futures at $695.04 per Ounce divided by Gas Oil at $1,262.00 per 100 Tonnes, from live mid-market prices.
How do you calculate the wheat futures to gas oil ratio?
Divide the wheat futures price per Ounce by the gas oil price per 100 Tonnes. If the two units differ, the result is a rate rather than a plain count — read it as 100 Tonness of gas oil per Ounce of wheat futures.
What is the inverse of the wheat futures to gas oil ratio?
The inverse, gas oil to wheat futures, is 1.816 — how many Ounces of wheat futures one 100 Tonnes of gas oil buys.