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Oil/Gas Ratio today: chart and history

Data updated October 13, 2026

28.67+50.3% in 1 year

The oil/gas ratio is the WTI crude price per barrel divided by the Henry Hub natural gas price per MMBtu. On October 13, 2026 it stood at 28.67, close to its one-year average (+0.5 standard deviations).

Oil against gas in price terms; on an energy-equivalent basis the two are roughly at parity near 6.

Where it stands

Latest
28.67
Change 1 year
+50.3%
1-year low
8.916
1-year high
40.38
z-score vs 1-year average
0.46
Percentile, 1 years
70
History
1.4 years
Unit
ratio

Oil/Gas Ratio history

10.0020.0030.0040.002026
Oil/Gas Ratio, weekly

Questions

How is the oil/gas ratio calculated?

It is the WTI crude price per barrel divided by the Henry Hub natural gas price per MMBtu. MEDGE computes it from daily spot closes on the dates both prices are available.

What is the oil/gas ratio today?

On October 13, 2026 it was 28.67, close to its one-year average. Over the last year it ranged between 8.916 and 40.38; today's value sits at the 70th percentile of the last 1 years.

What does the oil/gas ratio tell you?

Oil against gas in price terms; on an energy-equivalent basis the two are roughly at parity near 6.

Related

Source: MarketStack commodity prices. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.