Commodity ratio · live
Heating Oil Futures to Platinum Ratio
The heating oil futures to platinum ratio is 0.002330 — Heating Oil Futures at $4.39 per Gallan divided by Platinum at $1,883.91 per Troy Ounce.
Prices as of Aug 24, 2026, 11:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to Platinum ratio
1.000 Gal of heating oil futures = 0.002330 T.oz of platinum
Inverse (PL/HO-FUT): 429.1 — one Troy Ounce of platinum buys that much heating oil futures.
Above its 1 year average. (87th percentile of the last 1 year)
Heating Oil Futures
$4.39
per Gallan
Platinum
$1,883.91
per Troy Ounce
Unit basis: USD per Gallan ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of platinum per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 11:32:20 GMT.
1Y average
0.001701
median 0.001694
1Y low
0.0008355
Jan 7, 2026
1Y high
0.002767
Jul 29, 2026
Normal band
0.001227–0.002175
mean ± 1 std dev
Deviation from mean
+1.33σ
302 observations
Heating Oil Futures to Platinum ratio charts
Pick a range once — it applies to the HO-FUT/PL ratio line, the OHLC candles and the Heating Oil Futures / Platinum price chart below.
HO-FUT/PL ratio line
How many T.oz of Platinum one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/PL ratio candles
Open, high, low and close of the HO-FUT/PL ratio for each period in the last 1Y.
Heating Oil Futures and Platinum 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 platinum ratio
Heating Oil Futures to Platinum ratio = Heating Oil Futures price per Gallan ÷ Platinum price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of platinum per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.39 ÷ $1,883.91 = 0.002330. The inverse is 429.1.
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 platinum ratio today?
The heating oil futures to platinum ratio is 0.002330 — Heating Oil Futures at $4.39 per Gallan divided by Platinum at $1,883.91 per Troy Ounce, from live mid-market prices.
How do you calculate the heating oil futures to platinum ratio?
Divide the heating oil futures price per Gallan by the platinum price per Troy Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Troy Ounces of platinum per Gallan of heating oil futures.
What is the inverse of the heating oil futures to platinum ratio?
The inverse, platinum to heating oil futures, is 429.1 — how many Gallans of heating oil futures one Troy Ounce of platinum buys.