Commodity ratio · live
Cobalt to Heating Oil Futures Ratio
The cobalt to heating oil futures ratio is 12822 — Cobalt at $56,290.00 per Metric Ton divided by Heating Oil Futures at $4.39 per Gallan.
Prices as of Aug 24, 2026, 11:28 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cobalt to Heating Oil Futures ratio
1.000 T of cobalt = 12,822.3 Gal of heating oil futures
Inverse (HO-FUT/COB): 0.00007799 — one Gallan of heating oil futures buys that much cobalt.
Near the bottom of its 1 year range — historically compressed. (5th percentile of the last 1 year)
Cobalt
$56,290.00
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 cobalt. Prices as of Mon, 24 Aug 2026 11:28:54 GMT.
1Y average
17605
median 15991
1Y low
11951
Mar 20, 2026
1Y high
27459
Jan 7, 2026
Normal band
13552–21659
mean ± 1 std dev
Deviation from mean
-1.18σ
327 observations
Cobalt to Heating Oil Futures ratio charts
Pick a range once — it applies to the COB/HO-FUT ratio line, the OHLC candles and the Cobalt / Heating Oil Futures price chart below.
COB/HO-FUT ratio line
How many Gal of Heating Oil Futures one T of Cobalt buys, over 1Y.
COB/HO-FUT ratio candles
Open, high, low and close of the COB/HO-FUT ratio for each period in the last 1Y.
Cobalt 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 cobalt to heating oil futures ratio
Cobalt to Heating Oil Futures ratio = Cobalt 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 cobalt — rather than a plain count.
Worked example, live prices: $56,290.00 ÷ $4.39 = 12822. The inverse is 0.00007799.
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 cobalt to heating oil futures ratio today?
The cobalt to heating oil futures ratio is 12822 — Cobalt at $56,290.00 per Metric Ton divided by Heating Oil Futures at $4.39 per Gallan, from live mid-market prices.
How do you calculate the cobalt to heating oil futures ratio?
Divide the cobalt 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 cobalt.
What is the inverse of the cobalt to heating oil futures ratio?
The inverse, heating oil futures to cobalt, is 0.00007799 — how many Metric Tons of cobalt one Gallan of heating oil futures buys.