Commodity ratio · live
US Residential Heating Oil to Magnesium Ratio
The us residential heating oil to magnesium ratio is 0.0003278 — US Residential Heating Oil at $5.54 per Gallon divided by Magnesium at $16,900.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
US Residential Heating Oil to Magnesium ratio
1.000 gal of us residential heating oil = 0.0003278 T of magnesium
Inverse (MG/HEATOIL-RES-US): 3051 — one Metric Ton of magnesium buys that much us residential heating oil.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
US Residential Heating Oil
$5.54
per Gallon
Magnesium
¥16,900.00
per Metric Ton
Unit basis: USD per Gallon ÷ CNY per Metric Ton. The ratio reads as Metric Tons of magnesium per Gallon of us residential heating oil. Prices as of Mon, 24 Aug 2026 11:34:21 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
0.0002593
median 0.0002381
1Y low
0.0002207
Jan 26, 2026
1Y high
0.0003129
Mar 23, 2026
Normal band
0.0002259–0.0002927
mean ± 1 std dev
Deviation from mean
+2.05σ
10 observations
US Residential Heating Oil to Magnesium ratio charts
Pick a range once — it applies to the HEATOIL-RES-US/MG ratio line, the OHLC candles and the US Residential Heating Oil / Magnesium price chart below.
HEATOIL-RES-US/MG ratio line
How many T of Magnesium one gal of US Residential Heating Oil buys, over 1Y.
HEATOIL-RES-US/MG ratio candles
Open, high, low and close of the HEATOIL-RES-US/MG ratio for each period in the last 1Y.
US Residential Heating Oil and Magnesium 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 magnesium ratio
US Residential Heating Oil to Magnesium ratio = US Residential Heating Oil price per Gallon ÷ Magnesium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of magnesium per Gallon of us residential heating oil — rather than a plain count.
Worked example, live prices: $5.54 ÷ $16,900.00 = 0.0003278. The inverse is 3051.
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 us residential heating oil to magnesium ratio today?
The us residential heating oil to magnesium ratio is 0.0003278 — US Residential Heating Oil at $5.54 per Gallon divided by Magnesium at $16,900.00 per Metric Ton, from live mid-market prices.
How do you calculate the us residential heating oil to magnesium ratio?
Divide the us residential heating oil price per Gallon by the magnesium 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 magnesium per Gallon of us residential heating oil.
What is the inverse of the us residential heating oil to magnesium ratio?
The inverse, magnesium to us residential heating oil, is 3051 — how many Gallons of us residential heating oil one Metric Ton of magnesium buys.