Current Data
3-Year Forward Crude to Gas Ratio
18.21 -0.01
Last updated: August 27, 2026 05:29

3-Year Forward Crude to Gas Ratio

3-Year Forward Crude to Gas Ratio – NYMEX 3-Year Forward strip crude oil futures divided by NYMEX 3-Year Forward strip natural gas futures. This is the same Crude-to-Gas ratio described in the first graph, except calculated for the average futures prices of gas and crude. Why 3-Year Forward? Its far enough into the future to reflect the big changes coming in the gas and crude markets over the next five years. This ratio will be an early indicator when and if the market starts to change its opinion of the long term value of the Crude-to-Gas ratio.

Chart Toppers

Key Market Indicators: Models, Graphs, and Ratios 

Related Articles

- Analyst Insight

Crude Awakening: U.S. Net Imports Skyrocket to 14-Month High

Author Liz Dicken

According to the EIA’s Weekly Petroleum Status Report (WPSR), U.S. crude net imports surged 1.8 MMb/d in the week ended August 7 to 4.3 MMb/d (red dashed oval in chart below), their highest weekly level since June 2025. Put simply, net imports measure the amount of crude entering the U.S.