Commodity ratio · live
US Residential Heating Oil to Wheat Futures Ratio
The us residential heating oil to wheat futures ratio is 0.007990 — US Residential Heating Oil at $5.54 per Gallon divided by Wheat Futures at $693.39 per Ounce.
Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
US Residential Heating Oil to Wheat Futures ratio
1.000 gal of us residential heating oil = 0.007990 Oz of wheat futures
Inverse (ZW-FUT/HEATOIL-RES-US): 125.2 — one Ounce of wheat futures buys that much us residential heating oil.
Close to the middle of its 1 year range. (60th percentile of the last 1 year)
US Residential Heating Oil
$5.54
per Gallon
Wheat Futures
$693.39
per Ounce
Unit basis: USD per Gallon ÷ USD per Ounce. The ratio reads as Ounces of wheat futures per Gallon of us residential heating oil. Prices as of Mon, 24 Aug 2026 10:38:29 GMT.
1Y average
0.008053
median 0.007683
1Y low
0.007160
Feb 23, 2026
1Y high
0.009424
Mar 23, 2026
Normal band
0.007293–0.008812
mean ± 1 std dev
Deviation from mean
-0.08σ
10 observations
US Residential Heating Oil to Wheat Futures ratio charts
Pick a range once — it applies to the HEATOIL-RES-US/ZW-FUT ratio line, the OHLC candles and the US Residential Heating Oil / Wheat Futures price chart below.
HEATOIL-RES-US/ZW-FUT ratio line
How many Oz of Wheat Futures one gal of US Residential Heating Oil buys, over 1Y.
HEATOIL-RES-US/ZW-FUT ratio candles
Open, high, low and close of the HEATOIL-RES-US/ZW-FUT ratio for each period in the last 1Y.
US Residential Heating Oil and Wheat 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 wheat futures ratio
US Residential Heating Oil to Wheat Futures ratio = US Residential Heating Oil price per Gallon ÷ Wheat Futures price per Ounce
The two legs use different units, so the result is a rate — Ounces of wheat futures per Gallon of us residential heating oil — rather than a plain count.
Worked example, live prices: $5.54 ÷ $693.39 = 0.007990. The inverse is 125.2.
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 wheat futures ratio today?
The us residential heating oil to wheat futures ratio is 0.007990 — US Residential Heating Oil at $5.54 per Gallon divided by Wheat Futures at $693.39 per Ounce, from live mid-market prices.
How do you calculate the us residential heating oil to wheat futures ratio?
Divide the us residential heating oil price per Gallon by the wheat futures price per Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Ounces of wheat futures per Gallon of us residential heating oil.
What is the inverse of the us residential heating oil to wheat futures ratio?
The inverse, wheat futures to us residential heating oil, is 125.2 — how many Gallons of us residential heating oil one Ounce of wheat futures buys.