Commodity ratio · live
Canola to Heating Oil Futures Ratio
The canola to heating oil futures ratio is 179.6 — Canola at $788.23 per Metric Ton divided by Heating Oil Futures at $4.39 per Gallan.
Prices as of Aug 24, 2026, 11:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Canola to Heating Oil Futures ratio
1.000 T of canola = 179.551 Gal of heating oil futures
Inverse (HO-FUT/CANOLA): 0.005569 — one Gallan of heating oil futures buys that much canola.
Near the bottom of its 1 year range — historically compressed. (8th percentile of the last 1 year)
Canola
CA$788.23
per Metric Ton
Heating Oil Futures
$4.39
per Gallan
Unit basis: CAD per Metric Ton ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Metric Ton of canola. Prices as of Mon, 24 Aug 2026 11:35:40 GMT.
These two commodities are quoted in different currencies (CAD and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
231.3
median 231.9
1Y low
153.9
Mar 20, 2026
1Y high
303.0
Jan 7, 2026
Normal band
191.3–271.2
mean ± 1 std dev
Deviation from mean
-1.30σ
328 observations
Canola to Heating Oil Futures ratio charts
Pick a range once — it applies to the CANOLA/HO-FUT ratio line, the OHLC candles and the Canola / Heating Oil Futures price chart below.
CANOLA/HO-FUT ratio line
How many Gal of Heating Oil Futures one T of Canola buys, over 1Y.
CANOLA/HO-FUT ratio candles
Open, high, low and close of the CANOLA/HO-FUT ratio for each period in the last 1Y.
Canola 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 canola to heating oil futures ratio
Canola to Heating Oil Futures ratio = Canola 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 canola — rather than a plain count.
Worked example, live prices: $788.23 ÷ $4.39 = 179.6. The inverse is 0.005569.
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 canola to heating oil futures ratio today?
The canola to heating oil futures ratio is 179.6 — Canola at $788.23 per Metric Ton divided by Heating Oil Futures at $4.39 per Gallan, from live mid-market prices.
How do you calculate the canola to heating oil futures ratio?
Divide the canola 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 canola.
What is the inverse of the canola to heating oil futures ratio?
The inverse, heating oil futures to canola, is 0.005569 — how many Metric Tons of canola one Gallan of heating oil futures buys.