Commodity ratio · live
Heating Oil Futures to US Industrial Electricity Ratio
The heating oil futures to us industrial electricity ratio is 0.5052 — Heating Oil Futures at $4.40 per Gallan divided by US Industrial Electricity at $8.71 per Kilowatt Hour.
Prices as of Aug 24, 2026, 12:25 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to US Industrial Electricity ratio
1.000 Gal of heating oil futures = 0.5052 kWh of us industrial electricity
Inverse (ELEC-IND-US/HO-FUT): 1.980 — one Kilowatt Hour of us industrial electricity buys that much heating oil futures.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
Heating Oil Futures
$4.40
per Gallan
US Industrial Electricity
$8.71
per Kilowatt Hour
Unit basis: USD per Gallan ÷ USD per Kilowatt Hour. The ratio reads as Kilowatt Hours of us industrial electricity per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 12:25:35 GMT.
1Y average
0.3474
median 0.3149
1Y low
0.2282
Jan 1, 2026
1Y high
0.5035
Apr 1, 2026
Normal band
0.2468–0.4480
mean ± 1 std dev
Deviation from mean
+1.57σ
6 observations
Heating Oil Futures to US Industrial Electricity ratio charts
Pick a range once — it applies to the HO-FUT/ELEC-IND-US ratio line, the OHLC candles and the Heating Oil Futures / US Industrial Electricity price chart below.
HO-FUT/ELEC-IND-US ratio line
How many kWh of US Industrial Electricity one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/ELEC-IND-US ratio candles
Open, high, low and close of the HO-FUT/ELEC-IND-US ratio for each period in the last 1Y.
Heating Oil Futures and US Industrial Electricity 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 us industrial electricity ratio
Heating Oil Futures to US Industrial Electricity ratio = Heating Oil Futures price per Gallan ÷ US Industrial Electricity price per Kilowatt Hour
The two legs use different units, so the result is a rate — Kilowatt Hours of us industrial electricity per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.40 ÷ $8.71 = 0.5052. The inverse is 1.980.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the heating oil futures to us industrial electricity ratio today?
The heating oil futures to us industrial electricity ratio is 0.5052 — Heating Oil Futures at $4.40 per Gallan divided by US Industrial Electricity at $8.71 per Kilowatt Hour, from live mid-market prices.
How do you calculate the heating oil futures to us industrial electricity ratio?
Divide the heating oil futures price per Gallan by the us industrial electricity price per Kilowatt Hour. If the two units differ, the result is a rate rather than a plain count — read it as Kilowatt Hours of us industrial electricity per Gallan of heating oil futures.
What is the inverse of the heating oil futures to us industrial electricity ratio?
The inverse, us industrial electricity to heating oil futures, is 1.980 — how many Gallans of heating oil futures one Kilowatt Hour of us industrial electricity buys.