Commodity ratio · live
Heating Oil Futures to Gas Oil Ratio
The heating oil futures to gas oil ratio is 0.003478 — Heating Oil Futures at $4.39 per Gallan divided by Gas Oil at $1,262.20 per 100 Tonnes.
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 Gas Oil ratio
1.000 Gal of heating oil futures = 0.003478 100 T of gas oil
Inverse (LGO/HO-FUT): 287.5 — one 100 Tonnes of gas oil buys that much heating oil futures.
Close to the middle of its 1 year range. (57th percentile of the last 1 year)
Heating Oil Futures
$4.39
per Gallan
Gas Oil
$1,262.20
per 100 Tonnes
Unit basis: USD per Gallan ÷ USD per 100 Tonnes. The ratio reads as 100 Tonness of gas oil per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 11:33:46 GMT.
1Y average
0.003454
median 0.003456
1Y low
0.002542
Apr 7, 2026
1Y high
0.004435
Mar 10, 2026
Normal band
0.003334–0.003575
mean ± 1 std dev
Deviation from mean
+0.20σ
301 observations
Heating Oil Futures to Gas Oil ratio charts
Pick a range once — it applies to the HO-FUT/LGO ratio line, the OHLC candles and the Heating Oil Futures / Gas Oil price chart below.
HO-FUT/LGO ratio line
How many 100 T of Gas Oil one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/LGO ratio candles
Open, high, low and close of the HO-FUT/LGO ratio for each period in the last 1Y.
Heating Oil Futures and Gas Oil 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 gas oil ratio
Heating Oil Futures to Gas Oil ratio = Heating Oil Futures price per Gallan ÷ Gas Oil price per 100 Tonnes
The two legs use different units, so the result is a rate — 100 Tonness of gas oil per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.39 ÷ $1,262.20 = 0.003478. The inverse is 287.5.
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 gas oil ratio today?
The heating oil futures to gas oil ratio is 0.003478 — Heating Oil Futures at $4.39 per Gallan divided by Gas Oil at $1,262.20 per 100 Tonnes, from live mid-market prices.
How do you calculate the heating oil futures to gas oil ratio?
Divide the heating oil futures price per Gallan by the gas oil price per 100 Tonnes. If the two units differ, the result is a rate rather than a plain count — read it as 100 Tonness of gas oil per Gallan of heating oil futures.
What is the inverse of the heating oil futures to gas oil ratio?
The inverse, gas oil to heating oil futures, is 287.5 — how many Gallans of heating oil futures one 100 Tonnes of gas oil buys.