Commodity ratio · live
Heating Oil Futures to Oats Future Ratio
The heating oil futures to oats future ratio is 0.01340 — Heating Oil Futures at $4.40 per Gallan divided by Oats Future at $328.26 per Bushel.
Prices as of Aug 24, 2026, 12:26 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to Oats Future ratio
1.000 Gal of heating oil futures = 0.01340 Bu of oats future
Inverse (OAT-FUT/HO-FUT): 74.60 — one Bushel of oats future buys that much heating oil futures.
Near the top of its 1 year range — historically stretched. (96th percentile of the last 1 year)
Heating Oil Futures
$4.40
per Gallan
Oats Future
$328.26
per Bushel
Unit basis: USD per Gallan ÷ USD per Bushel. The ratio reads as Bushels of oats future per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 12:26:30 GMT.
1Y average
0.009917
median 0.01015
1Y low
0.006550
Jan 7, 2026
1Y high
0.01433
Jun 30, 2026
Normal band
0.007750–0.01208
mean ± 1 std dev
Deviation from mean
+1.61σ
328 observations
Heating Oil Futures to Oats Future ratio charts
Pick a range once — it applies to the HO-FUT/OAT-FUT ratio line, the OHLC candles and the Heating Oil Futures / Oats Future price chart below.
HO-FUT/OAT-FUT ratio line
How many Bu of Oats Future one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/OAT-FUT ratio candles
Open, high, low and close of the HO-FUT/OAT-FUT ratio for each period in the last 1Y.
Heating Oil Futures and Oats Future 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 oats future ratio
Heating Oil Futures to Oats Future ratio = Heating Oil Futures price per Gallan ÷ Oats Future price per Bushel
The two legs use different units, so the result is a rate — Bushels of oats future per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.40 ÷ $328.26 = 0.01340. The inverse is 74.60.
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 oats future ratio today?
The heating oil futures to oats future ratio is 0.01340 — Heating Oil Futures at $4.40 per Gallan divided by Oats Future at $328.26 per Bushel, from live mid-market prices.
How do you calculate the heating oil futures to oats future ratio?
Divide the heating oil futures price per Gallan by the oats future price per Bushel. If the two units differ, the result is a rate rather than a plain count — read it as Bushels of oats future per Gallan of heating oil futures.
What is the inverse of the heating oil futures to oats future ratio?
The inverse, oats future to heating oil futures, is 74.60 — how many Gallans of heating oil futures one Bushel of oats future buys.