Commodity ratio · live
Heating Oil Futures to Ural Oil Ratio
The heating oil futures to ural oil ratio is 0.05112 — Heating Oil Futures at $4.39 per Gallan divided by Ural Oil at $85.87 per Barrel.
Prices as of Aug 24, 2026, 11:35 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to Ural Oil ratio
1.000 Gal of heating oil futures = 0.05112 Bbl of ural oil
Inverse (URAL-OIL/HO-FUT): 19.56 — one Barrel of ural oil 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
Ural Oil
$85.87
per Barrel
Unit basis: USD per Gallan ÷ USD per Barrel. The ratio reads as Barrels of ural oil per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 11:35:24 GMT.
1Y average
0.04378
median 0.04245
1Y low
0.02843
Apr 17, 2026
1Y high
0.07261
Jul 13, 2026
Normal band
0.03673–0.05082
mean ± 1 std dev
Deviation from mean
+1.04σ
303 observations
Heating Oil Futures to Ural Oil ratio charts
Pick a range once — it applies to the HO-FUT/URAL-OIL ratio line, the OHLC candles and the Heating Oil Futures / Ural Oil price chart below.
HO-FUT/URAL-OIL ratio line
How many Bbl of Ural Oil one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/URAL-OIL ratio candles
Open, high, low and close of the HO-FUT/URAL-OIL ratio for each period in the last 1Y.
Heating Oil Futures and Ural Oil 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 ural oil ratio
Heating Oil Futures to Ural Oil ratio = Heating Oil Futures price per Gallan ÷ Ural Oil price per Barrel
The two legs use different units, so the result is a rate — Barrels of ural oil per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.39 ÷ $85.87 = 0.05112. The inverse is 19.56.
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 ural oil ratio today?
The heating oil futures to ural oil ratio is 0.05112 — Heating Oil Futures at $4.39 per Gallan divided by Ural Oil at $85.87 per Barrel, from live mid-market prices.
How do you calculate the heating oil futures to ural oil ratio?
Divide the heating oil futures price per Gallan by the ural oil price per Barrel. If the two units differ, the result is a rate rather than a plain count — read it as Barrels of ural oil per Gallan of heating oil futures.
What is the inverse of the heating oil futures to ural oil ratio?
The inverse, ural oil to heating oil futures, is 19.56 — how many Gallans of heating oil futures one Barrel of ural oil buys.