Commodity ratio · live
US Residential Heating Oil to Natural Gas Futures Ratio
The us residential heating oil to natural gas futures ratio is 2.007 — US Residential Heating Oil at $5.54 per Gallon divided by Natural Gas Futures at $2.76 per Million British Thermal Units.
Prices as of Aug 24, 2026, 10:37 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
US Residential Heating Oil to Natural Gas Futures ratio
1.000 gal of us residential heating oil = 2.007 MMBtu of natural gas futures
Inverse (NG-FUT/HEATOIL-RES-US): 0.4982 — one Million British Thermal Units of natural gas futures 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
Natural Gas Futures
$2.76
per Million British Thermal Units
Unit basis: USD per Gallon ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas futures per Gallon of us residential heating oil. Prices as of Mon, 24 Aug 2026 10:37:57 GMT.
1Y average
1.495
median 1.390
1Y low
1.008
Jan 26, 2026
1Y high
1.972
Mar 30, 2026
Normal band
1.209–1.781
mean ± 1 std dev
Deviation from mean
+1.79σ
10 observations
US Residential Heating Oil to Natural Gas Futures ratio charts
Pick a range once — it applies to the HEATOIL-RES-US/NG-FUT ratio line, the OHLC candles and the US Residential Heating Oil / Natural Gas Futures price chart below.
HEATOIL-RES-US/NG-FUT ratio line
How many MMBtu of Natural Gas Futures one gal of US Residential Heating Oil buys, over 1Y.
HEATOIL-RES-US/NG-FUT ratio candles
Open, high, low and close of the HEATOIL-RES-US/NG-FUT ratio for each period in the last 1Y.
US Residential Heating Oil and Natural Gas Futures 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 natural gas futures ratio
US Residential Heating Oil to Natural Gas Futures ratio = US Residential Heating Oil price per Gallon ÷ Natural Gas Futures price per Million British Thermal Units
The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas futures per Gallon of us residential heating oil — rather than a plain count.
Worked example, live prices: $5.54 ÷ $2.76 = 2.007. The inverse is 0.4982.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the us residential heating oil to natural gas futures ratio today?
The us residential heating oil to natural gas futures ratio is 2.007 — US Residential Heating Oil at $5.54 per Gallon divided by Natural Gas Futures at $2.76 per Million British Thermal Units, from live mid-market prices.
How do you calculate the us residential heating oil to natural gas futures ratio?
Divide the us residential heating oil price per Gallon by the natural gas futures price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas futures per Gallon of us residential heating oil.
What is the inverse of the us residential heating oil to natural gas futures ratio?
The inverse, natural gas futures to us residential heating oil, is 0.4982 — how many Gallons of us residential heating oil one Million British Thermal Units of natural gas futures buys.