Commodity ratio · live
Heating Oil Futures to US Midgrade Gasoline Ratio
The heating oil futures to us midgrade gasoline ratio is 0.9462 — Heating Oil Futures at $4.40 per Gallan divided by US Midgrade Gasoline at $4.65 per Gallon.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to US Midgrade Gasoline ratio
1.000 Gal of heating oil futures = 0.9462 gal of us midgrade gasoline
Inverse (GASMID-US/HO-FUT): 1.057 — one Gallon of us midgrade gasoline buys that much heating oil futures.
Near the top of its 1 year range — historically stretched. (91th percentile of the last 1 year)
Heating Oil Futures
$4.40
per Gallan
US Midgrade Gasoline
$4.65
per Gallon
Unit basis: USD per Gallan ÷ USD per Gallon. The ratio reads as Gallons of us midgrade gasoline per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 12:24:50 GMT.
1Y average
0.8132
median 0.8348
1Y low
0.6836
Jun 22, 2026
1Y high
0.9720
Aug 17, 2026
Normal band
0.7201–0.9063
mean ± 1 std dev
Deviation from mean
+1.43σ
11 observations
Heating Oil Futures to US Midgrade Gasoline ratio charts
Pick a range once — it applies to the HO-FUT/GASMID-US ratio line, the OHLC candles and the Heating Oil Futures / US Midgrade Gasoline price chart below.
HO-FUT/GASMID-US ratio line
How many gal of US Midgrade Gasoline one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/GASMID-US ratio candles
Open, high, low and close of the HO-FUT/GASMID-US ratio for each period in the last 1Y.
Heating Oil Futures and US Midgrade Gasoline 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 midgrade gasoline ratio
Heating Oil Futures to US Midgrade Gasoline ratio = Heating Oil Futures price per Gallan ÷ US Midgrade Gasoline price per Gallon
The two legs use different units, so the result is a rate — Gallons of us midgrade gasoline per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.40 ÷ $4.65 = 0.9462. The inverse is 1.057.
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 midgrade gasoline ratio today?
The heating oil futures to us midgrade gasoline ratio is 0.9462 — Heating Oil Futures at $4.40 per Gallan divided by US Midgrade Gasoline at $4.65 per Gallon, from live mid-market prices.
How do you calculate the heating oil futures to us midgrade gasoline ratio?
Divide the heating oil futures price per Gallan by the us midgrade gasoline price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of us midgrade gasoline per Gallan of heating oil futures.
What is the inverse of the heating oil futures to us midgrade gasoline ratio?
The inverse, us midgrade gasoline to heating oil futures, is 1.057 — how many Gallans of heating oil futures one Gallon of us midgrade gasoline buys.