Commodity ratio · live
Heating Oil Futures to Barley Ratio
The heating oil futures to barley ratio is 0.03610 — Heating Oil Futures at $4.40 per Gallan divided by Barley at $121.90 per Metric Ton.
Prices as of Aug 24, 2026, 12:22 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to Barley ratio
1.000 Gal of heating oil futures = 0.03610 T of barley
Inverse (NBLC1/HO-FUT): 27.70 — one Metric Ton of barley buys that much heating oil futures.
Heating Oil Futures
$4.40
per Gallan
Barley
$121.90
per Metric Ton
Unit basis: USD per Gallan ÷ USD per Metric Ton. The ratio reads as Metric Tons of barley per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 12:22:53 GMT.
Heating Oil Futures to Barley ratio charts
Pick a range once — it applies to the HO-FUT/NBLC1 ratio line, the OHLC candles and the Heating Oil Futures / Barley price chart below.
HO-FUT/NBLC1 ratio line
How many T of Barley one Gal of Heating Oil Futures buys, over 1Y.
No overlapping history for HO-FUT/NBLC1 over 1Y. Try a longer range.
HO-FUT/NBLC1 ratio candles
Open, high, low and close of the HO-FUT/NBLC1 ratio for each period in the last 1Y.
No overlapping history for HO-FUT/NBLC1 over 1Y. Try a longer range.
Heating Oil Futures and Barley 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 barley ratio
Heating Oil Futures to Barley ratio = Heating Oil Futures price per Gallan ÷ Barley price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of barley per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.40 ÷ $121.90 = 0.03610. The inverse is 27.70.
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 barley ratio today?
The heating oil futures to barley ratio is 0.03610 — Heating Oil Futures at $4.40 per Gallan divided by Barley at $121.90 per Metric Ton, from live mid-market prices.
How do you calculate the heating oil futures to barley ratio?
Divide the heating oil futures price per Gallan by the barley 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 barley per Gallan of heating oil futures.
What is the inverse of the heating oil futures to barley ratio?
The inverse, barley to heating oil futures, is 27.70 — how many Gallans of heating oil futures one Metric Ton of barley buys.