Commodity ratio · live
Heating Oil Futures to Tea Ratio
The heating oil futures to tea ratio is 0.02123 — Heating Oil Futures at $4.40 per Gallan divided by Tea at $207.29 per Kilogram.
Prices as of Aug 24, 2026, 12:14 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to Tea ratio
1.000 Gal of heating oil futures = 0.02123 Kg of tea
Inverse (TEA/HO-FUT): 47.11 — one Kilogram of tea buys that much heating oil futures.
Above its 1 year average. (84th percentile of the last 1 year)
Heating Oil Futures
$4.40
per Gallan
Tea
₹207.29
per Kilogram
Unit basis: USD per Gallan ÷ INR per Kilogram. The ratio reads as Kilograms of tea per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 12:14:18 GMT.
These two commodities are quoted in different currencies (USD and INR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.01655
median 0.01530
1Y low
0.01099
Oct 19, 2025
1Y high
0.03074
Mar 29, 2026
Normal band
0.01176–0.02133
mean ± 1 std dev
Deviation from mean
+0.98σ
289 observations
Heating Oil Futures to Tea ratio charts
Pick a range once — it applies to the HO-FUT/TEA ratio line, the OHLC candles and the Heating Oil Futures / Tea price chart below.
HO-FUT/TEA ratio line
How many Kg of Tea one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/TEA ratio candles
Open, high, low and close of the HO-FUT/TEA ratio for each period in the last 1Y.
Heating Oil Futures and Tea 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 tea ratio
Heating Oil Futures to Tea ratio = Heating Oil Futures price per Gallan ÷ Tea price per Kilogram
The two legs use different units, so the result is a rate — Kilograms of tea per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.40 ÷ $207.29 = 0.02123. The inverse is 47.11.
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 tea ratio today?
The heating oil futures to tea ratio is 0.02123 — Heating Oil Futures at $4.40 per Gallan divided by Tea at $207.29 per Kilogram, from live mid-market prices.
How do you calculate the heating oil futures to tea ratio?
Divide the heating oil futures price per Gallan by the tea price per Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as Kilograms of tea per Gallan of heating oil futures.
What is the inverse of the heating oil futures to tea ratio?
The inverse, tea to heating oil futures, is 47.11 — how many Gallans of heating oil futures one Kilogram of tea buys.