Commodity ratio · live
Coal to Heating Oil Futures Ratio
The coal to heating oil futures ratio is 29.95 — Coal at $131.50 per Metric Ton divided by Heating Oil Futures at $4.39 per Gallan.
Prices as of Aug 24, 2026, 11:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Coal to Heating Oil Futures ratio
1.000 T of coal = 29.954 Gal of heating oil futures
Inverse (HO-FUT/COAL): 0.03338 — one Gallan of heating oil futures buys that much coal.
Near the bottom of its 1 year range — historically compressed. (2th percentile of the last 1 year)
Coal
$131.50
per Metric Ton
Heating Oil Futures
$4.39
per Gallan
Unit basis: USD per Metric Ton ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Metric Ton of coal. Prices as of Mon, 24 Aug 2026 11:33:10 GMT.
1Y average
40.69
median 42.93
1Y low
28.71
Aug 17, 2026
1Y high
52.15
Jan 7, 2026
Normal band
34.00–47.39
mean ± 1 std dev
Deviation from mean
-1.60σ
327 observations
Coal to Heating Oil Futures ratio charts
Pick a range once — it applies to the COAL/HO-FUT ratio line, the OHLC candles and the Coal / Heating Oil Futures price chart below.
COAL/HO-FUT ratio line
How many Gal of Heating Oil Futures one T of Coal buys, over 1Y.
COAL/HO-FUT ratio candles
Open, high, low and close of the COAL/HO-FUT ratio for each period in the last 1Y.
Coal 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 coal to heating oil futures ratio
Coal to Heating Oil Futures ratio = Coal 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 coal — rather than a plain count.
Worked example, live prices: $131.50 ÷ $4.39 = 29.95. The inverse is 0.03338.
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 coal to heating oil futures ratio today?
The coal to heating oil futures ratio is 29.95 — Coal at $131.50 per Metric Ton divided by Heating Oil Futures at $4.39 per Gallan, from live mid-market prices.
How do you calculate the coal to heating oil futures ratio?
Divide the coal 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 coal.
What is the inverse of the coal to heating oil futures ratio?
The inverse, heating oil futures to coal, is 0.03338 — how many Metric Tons of coal one Gallan of heating oil futures buys.