ΔE 9.6, close: similar, with a visible difference side by side. Oxford Blue is more saturated than Light Ultramarine.
Usually, if you are not matching paint already on the model. Close match (ΔE 10). Oxford Blue is more saturated than Light Ultramarine.
The same difference applies the other way round: Light Ultramarine is more muted.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Light Ultramarine on the colour wheel See Oxford Blue on the colour wheel
All matches: Light Ultramarine equivalents · Oxford Blue equivalents