Commodity ratio · live
Heating Oil Futures to Coal Ratio
The heating oil futures to coal ratio is 0.03338 — Heating Oil Futures at $4.39 per Gallan divided by Coal at $131.50 per Metric Ton.
Prices as of Aug 24, 2026, 11:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to Coal ratio
1.000 Gal of heating oil futures = 0.03338 T of coal
Inverse (COAL/HO-FUT): 29.95 — one Metric Ton of coal buys that much heating oil futures.
Near the top of its 1 year range — historically stretched. (98th percentile of the last 1 year)
Heating Oil Futures
$4.39
per Gallan
Coal
$131.50
per Metric Ton
Unit basis: USD per Gallan ÷ USD per Metric Ton. The ratio reads as Metric Tons of coal per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 11:33:10 GMT.
1Y average
0.02529
median 0.02329
1Y low
0.01918
Jan 7, 2026
1Y high
0.03484
Aug 17, 2026
Normal band
0.02091–0.02967
mean ± 1 std dev
Deviation from mean
+1.85σ
327 observations
Heating Oil Futures to Coal ratio charts
Pick a range once — it applies to the HO-FUT/COAL ratio line, the OHLC candles and the Heating Oil Futures / Coal price chart below.
HO-FUT/COAL ratio line
How many T of Coal one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/COAL ratio candles
Open, high, low and close of the HO-FUT/COAL ratio for each period in the last 1Y.
Heating Oil Futures and Coal 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 coal ratio
Heating Oil Futures to Coal ratio = Heating Oil Futures price per Gallan ÷ Coal price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of coal per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.39 ÷ $131.50 = 0.03338. The inverse is 29.95.
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 heating oil futures to coal ratio today?
The heating oil futures to coal ratio is 0.03338 — Heating Oil Futures at $4.39 per Gallan divided by Coal at $131.50 per Metric Ton, from live mid-market prices.
How do you calculate the heating oil futures to coal ratio?
Divide the heating oil futures price per Gallan by the coal 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 coal per Gallan of heating oil futures.
What is the inverse of the heating oil futures to coal ratio?
The inverse, coal to heating oil futures, is 29.95 — how many Gallans of heating oil futures one Metric Ton of coal buys.