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US Residential Heating Oil to Iron Ore 62% FE Ratio

The us residential heating oil to iron ore 62% fe ratio is 0.05814 US Residential Heating Oil at $5.54 per Gallon divided by Iron Ore 62% FE at $95.28 per Metric Ton.

Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Gallon

US Residential Heating Oil to Iron Ore 62% FE ratio

0.05814+35.91% / 1Y

1.000 gal of us residential heating oil = 0.05814 T of iron ore 62% fe

Inverse (TIOC/HEATOIL-RES-US): 17.20 — one Metric Ton of iron ore 62% fe 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

Iron Ore 62% FE

$95.28

per Metric Ton

Unit basis: USD per Gallon ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore 62% fe per Gallon of us residential heating oil. Prices as of Mon, 24 Aug 2026 12:24:35 GMT.

1Y average

0.04920

median 0.04947

1Y low

0.03936

Mar 2, 2026

1Y high

0.05319

Mar 23, 2026

Normal band

0.04570–0.05269

mean ± 1 std dev

Deviation from mean

+2.56σ

5 observations

US Residential Heating Oil to Iron Ore 62% FE ratio charts

Pick a range once — it applies to the HEATOIL-RES-US/TIOC ratio line, the OHLC candles and the US Residential Heating Oil / Iron Ore 62% FE price chart below.

HEATOIL-RES-US/TIOC ratio line

How many T of Iron Ore 62% FE one gal of US Residential Heating Oil buys, over 1Y.

HEATOIL-RES-US/TIOC ratio candles

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

US Residential Heating Oil and Iron Ore 62% FE 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 iron ore 62% fe ratio

US Residential Heating Oil to Iron Ore 62% FE ratio = US Residential Heating Oil price per Gallon ÷ Iron Ore 62% FE price per Metric Ton

The two legs use different units, so the result is a rate — Metric Tons of iron ore 62% fe per Gallon of us residential heating oil — rather than a plain count.

Worked example, live prices: $5.54 ÷ $95.28 = 0.05814. The inverse is 17.20.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the us residential heating oil to iron ore 62% fe ratio today?

The us residential heating oil to iron ore 62% fe ratio is 0.05814 — US Residential Heating Oil at $5.54 per Gallon divided by Iron Ore 62% FE at $95.28 per Metric Ton, from live mid-market prices.

How do you calculate the us residential heating oil to iron ore 62% fe ratio?

Divide the us residential heating oil price per Gallon by the iron ore 62% fe 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 iron ore 62% fe per Gallon of us residential heating oil.

What is the inverse of the us residential heating oil to iron ore 62% fe ratio?

The inverse, iron ore 62% fe to us residential heating oil, is 17.20 — how many Gallons of us residential heating oil one Metric Ton of iron ore 62% fe buys.

US Residential Heating Oil to Iron Ore 62% FE Ratio — 0.05814 Today | CommodityPriceAPI