Commodity ratio · live
Heating Oil Futures to Salmon Ratio
The heating oil futures to salmon ratio is 0.06351 — Heating Oil Futures at $4.39 per Gallan divided by Salmon at $69.12 per Kilogram.
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 Salmon ratio
1.000 Gal of heating oil futures = 0.06351 Kg of salmon
Inverse (SALMON/HO-FUT): 15.74 — one Kilogram of salmon buys that much heating oil futures.
Near the top of its 1 year range — historically stretched. (98th percentile of the last 1 year)
Heating Oil Futures
$4.39
per Gallan
Salmon
kr69.12
per Kilogram
Unit basis: USD per Gallan ÷ NOK per Kilogram. The ratio reads as Kilograms of salmon per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 11:32:26 GMT.
These two commodities are quoted in different currencies (USD and NOK). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.04363
median 0.04276
1Y low
0.02561
Dec 16, 2025
1Y high
0.06568
Aug 21, 2026
Normal band
0.03173–0.05553
mean ± 1 std dev
Deviation from mean
+1.67σ
325 observations
Heating Oil Futures to Salmon ratio charts
Pick a range once — it applies to the HO-FUT/SALMON ratio line, the OHLC candles and the Heating Oil Futures / Salmon price chart below.
HO-FUT/SALMON ratio line
How many Kg of Salmon one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/SALMON ratio candles
Open, high, low and close of the HO-FUT/SALMON ratio for each period in the last 1Y.
Heating Oil Futures and Salmon 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 salmon ratio
Heating Oil Futures to Salmon ratio = Heating Oil Futures price per Gallan ÷ Salmon price per Kilogram
The two legs use different units, so the result is a rate — Kilograms of salmon per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.39 ÷ $69.12 = 0.06351. The inverse is 15.74.
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 salmon ratio today?
The heating oil futures to salmon ratio is 0.06351 — Heating Oil Futures at $4.39 per Gallan divided by Salmon at $69.12 per Kilogram, from live mid-market prices.
How do you calculate the heating oil futures to salmon ratio?
Divide the heating oil futures price per Gallan by the salmon price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of salmon per Gallan of heating oil futures.
What is the inverse of the heating oil futures to salmon ratio?
The inverse, salmon to heating oil futures, is 15.74 — how many Gallans of heating oil futures one Kilogram of salmon buys.