Commodity ratio · live
Heating Oil Futures to Crude Oil Brent Futures Ratio
The heating oil futures to crude oil brent futures ratio is 0.04702 — Heating Oil Futures at $4.36 per Gallan divided by Crude Oil Brent Futures at $92.72 per Barrel.
Prices as of Aug 24, 2026, 10:38 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to Crude Oil Brent Futures ratio
1.000 Gal of heating oil futures = 0.04702 Bbl of crude oil brent futures
Inverse (BRENTOIL-FUT/HO-FUT): 21.27 — one Barrel of crude oil brent futures buys that much heating oil futures.
Near the top of its 1 year range — historically stretched. (95th percentile of the last 1 year)
Heating Oil Futures
$4.36
per Gallan
Crude Oil Brent Futures
$92.72
per Barrel
Unit basis: USD per Gallan ÷ USD per Barrel. The ratio reads as Barrels of crude oil brent futures per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 10:38:35 GMT.
1Y average
0.03782
median 0.03716
1Y low
0.03190
Sep 28, 2025
1Y high
0.04998
Aug 18, 2026
Normal band
0.03466–0.04098
mean ± 1 std dev
Deviation from mean
+2.91σ
284 observations
Heating Oil Futures to Crude Oil Brent Futures ratio charts
Pick a range once — it applies to the HO-FUT/BRENTOIL-FUT ratio line, the OHLC candles and the Heating Oil Futures / Crude Oil Brent Futures price chart below.
HO-FUT/BRENTOIL-FUT ratio line
How many Bbl of Crude Oil Brent Futures one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/BRENTOIL-FUT ratio candles
Open, high, low and close of the HO-FUT/BRENTOIL-FUT ratio for each period in the last 1Y.
Heating Oil Futures and Crude Oil Brent Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the heating oil futures to crude oil brent futures ratio
Heating Oil Futures to Crude Oil Brent Futures ratio = Heating Oil Futures price per Gallan ÷ Crude Oil Brent Futures price per Barrel
The two legs use different units, so the result is a rate — Barrels of crude oil brent futures per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.36 ÷ $92.72 = 0.04702. The inverse is 21.27.
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 heating oil futures to crude oil brent futures ratio today?
The heating oil futures to crude oil brent futures ratio is 0.04702 — Heating Oil Futures at $4.36 per Gallan divided by Crude Oil Brent Futures at $92.72 per Barrel, from live mid-market prices.
How do you calculate the heating oil futures to crude oil brent futures ratio?
Divide the heating oil futures price per Gallan by the crude oil brent futures price per Barrel. If the two units differ, the result is a rate rather than a plain count — read it as Barrels of crude oil brent futures per Gallan of heating oil futures.
What is the inverse of the heating oil futures to crude oil brent futures ratio?
The inverse, crude oil brent futures to heating oil futures, is 21.27 — how many Gallans of heating oil futures one Barrel of crude oil brent futures buys.