Commodity ratio · live

US Residential Heating Oil to Bitumen Ratio

The us residential heating oil to bitumen ratio is 0.001219 US Residential Heating Oil at $5.54 per Gallon divided by Bitumen at $4,544.00 per Metric Ton.

Prices as of Aug 24, 2026, 11:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Gallon

US Residential Heating Oil to Bitumen ratio

0.001219+5.69% / 1Y

1.000 gal of us residential heating oil = 0.001219 T of bitumen

Inverse (BIT/HEATOIL-RES-US): 820.2 — one Metric Ton of bitumen buys that much us residential heating oil.

Close to the middle of its 1 year range. (50th percentile of the last 1 year)

US Residential Heating Oil

$5.54

per Gallon

Bitumen

¥4,544.00

per Metric Ton

Unit basis: USD per Gallon ÷ CNY per Metric Ton. The ratio reads as Metric Tons of bitumen per Gallon of us residential heating oil. Prices as of Mon, 24 Aug 2026 11:29:03 GMT.

These two commodities are quoted in different currencies (USD and CNY). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

0.001222

median 0.001218

1Y low

0.001124

Mar 2, 2026

1Y high

0.001373

Mar 9, 2026

Normal band

0.001162–0.001283

mean ± 1 std dev

Deviation from mean

-0.05σ

10 observations

US Residential Heating Oil to Bitumen ratio charts

Pick a range once — it applies to the HEATOIL-RES-US/BIT ratio line, the OHLC candles and the US Residential Heating Oil / Bitumen price chart below.

HEATOIL-RES-US/BIT ratio line

How many T of Bitumen one gal of US Residential Heating Oil buys, over 1Y.

HEATOIL-RES-US/BIT ratio candles

Open, high, low and close of the HEATOIL-RES-US/BIT ratio for each period in the last 1Y.

US Residential Heating Oil and Bitumen prices

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

How to calculate the us residential heating oil to bitumen ratio

US Residential Heating Oil to Bitumen ratio = US Residential Heating Oil price per Gallon ÷ Bitumen price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of bitumen per Gallon of us residential heating oil — rather than a plain count.

Worked example, live prices: $5.54 ÷ $4,544.00 = 0.001219. The inverse is 820.2.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the us residential heating oil to bitumen ratio today?

The us residential heating oil to bitumen ratio is 0.001219 — US Residential Heating Oil at $5.54 per Gallon divided by Bitumen at $4,544.00 per Metric Ton, from live mid-market prices.

How do you calculate the us residential heating oil to bitumen ratio?

Divide the us residential heating oil price per Gallon by the bitumen price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of bitumen per Gallon of us residential heating oil.

What is the inverse of the us residential heating oil to bitumen ratio?

The inverse, bitumen to us residential heating oil, is 820.2 — how many Gallons of us residential heating oil one Metric Ton of bitumen buys.

US Residential Heating Oil to Bitumen Ratio — 0.001219 Today | CommodityPriceAPI