Commodity ratio · live

Aluminium Futures to Heating Oil Futures Ratio

The aluminium futures to heating oil futures ratio is 740.6 Aluminium Futures at $3,229.08 per Metric Ton divided by Heating Oil Futures at $4.36 per Gallan.

Prices as of Aug 24, 2026, 10:36 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Aluminium Futures to Heating Oil Futures ratio

740.6-36.12% / 1Y

1.000 T of aluminium futures = 740.615 Gal of heating oil futures

Inverse (HO-FUT/AL-FUT): 0.001350 — one Gallan of heating oil futures buys that much aluminium futures.

Near the bottom of its 1 year range — historically compressed. (5th percentile of the last 1 year)

Aluminium Futures

$3,229.08

per Metric Ton

Heating Oil Futures

$4.36

per Gallan

Unit basis: USD per Metric Ton ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Metric Ton of aluminium futures. Prices as of Mon, 24 Aug 2026 10:36:33 GMT.

1Y average

1058

median 1046

1Y low

676.3

Mar 20, 2026

1Y high

1526

Jan 7, 2026

Normal band

849.4–1266

mean ± 1 std dev

Deviation from mean

-1.52σ

325 observations

Aluminium Futures to Heating Oil Futures ratio charts

Pick a range once — it applies to the AL-FUT/HO-FUT ratio line, the OHLC candles and the Aluminium Futures / Heating Oil Futures price chart below.

AL-FUT/HO-FUT ratio line

How many Gal of Heating Oil Futures one T of Aluminium Futures buys, over 1Y.

AL-FUT/HO-FUT ratio candles

Open, high, low and close of the AL-FUT/HO-FUT ratio for each period in the last 1Y.

Aluminium Futures and Heating Oil Futures prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the aluminium futures to heating oil futures ratio

Aluminium Futures to Heating Oil Futures ratio = Aluminium Futures price per Metric Ton ÷ Heating Oil Futures price per Gallan

The two legs use different units, so the result is a rate — Gallans of heating oil futures per Metric Ton of aluminium futures — rather than a plain count.

Worked example, live prices: $3,229.08 ÷ $4.36 = 740.6. The inverse is 0.001350.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4647.62
2XAGSilver69.00
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.75
5NG-FUTNatural Gas Futures2.77
6PLPlatinum1885.63
7PAPalladium1351.00

Frequently asked questions

What is the aluminium futures to heating oil futures ratio today?

The aluminium futures to heating oil futures ratio is 740.6 — Aluminium Futures at $3,229.08 per Metric Ton divided by Heating Oil Futures at $4.36 per Gallan, from live mid-market prices.

How do you calculate the aluminium futures to heating oil futures ratio?

Divide the aluminium futures price per Metric Ton by the heating oil futures price per Gallan. If the two units differ, the result is a rate rather than a plain count — read it as Gallans of heating oil futures per Metric Ton of aluminium futures.

What is the inverse of the aluminium futures to heating oil futures ratio?

The inverse, heating oil futures to aluminium futures, is 0.001350 — how many Metric Tons of aluminium futures one Gallan of heating oil futures buys.

Aluminium Futures to Heating Oil Futures Ratio — 740.6 Today | CommodityPriceAPI