Commodity ratio · live
Heating Oil Futures to Tellurium Ratio
The heating oil futures to tellurium ratio is 0.005453 — Heating Oil Futures at $4.39 per Gallan divided by Tellurium at $805.00 per Metric Ton.
Prices as of Aug 24, 2026, 11:27 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to Tellurium ratio
1.000 Gal of heating oil futures = 0.005453 T of tellurium
Inverse (TEL/HO-FUT): 183.4 — one Metric Ton of tellurium buys that much heating oil futures.
Near the top of its 1 year range — historically stretched. (92th percentile of the last 1 year)
Heating Oil Futures
$4.39
per Gallan
Tellurium
$805.00
per Metric Ton
Unit basis: USD per Gallan ÷ USD per Metric Ton. The ratio reads as Metric Tons of tellurium per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 11:27:12 GMT.
1Y average
0.004122
median 0.003965
1Y low
0.002770
Jan 7, 2026
1Y high
0.006117
Mar 20, 2026
Normal band
0.003254–0.004991
mean ± 1 std dev
Deviation from mean
+1.53σ
308 observations
Heating Oil Futures to Tellurium ratio charts
Pick a range once — it applies to the HO-FUT/TEL ratio line, the OHLC candles and the Heating Oil Futures / Tellurium price chart below.
HO-FUT/TEL ratio line
How many T of Tellurium one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/TEL ratio candles
Open, high, low and close of the HO-FUT/TEL ratio for each period in the last 1Y.
Heating Oil Futures and Tellurium 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 tellurium ratio
Heating Oil Futures to Tellurium ratio = Heating Oil Futures price per Gallan ÷ Tellurium price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of tellurium per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.39 ÷ $805.00 = 0.005453. The inverse is 183.4.
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 tellurium ratio today?
The heating oil futures to tellurium ratio is 0.005453 — Heating Oil Futures at $4.39 per Gallan divided by Tellurium at $805.00 per Metric Ton, from live mid-market prices.
How do you calculate the heating oil futures to tellurium ratio?
Divide the heating oil futures price per Gallan by the tellurium 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 tellurium per Gallan of heating oil futures.
What is the inverse of the heating oil futures to tellurium ratio?
The inverse, tellurium to heating oil futures, is 183.4 — how many Gallans of heating oil futures one Metric Ton of tellurium buys.