Commodity ratio · live
Heating Oil Futures to Wool Ratio
The heating oil futures to wool ratio is 0.002423 — Heating Oil Futures at $4.39 per Gallan divided by Wool at $1,812.00 per 100 Kilogram.
Prices as of Aug 24, 2026, 11:31 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Heating Oil Futures to Wool ratio
1.000 Gal of heating oil futures = 0.002423 100 Kg of wool
Inverse (WOOL/HO-FUT): 412.8 — one 100 Kilogram of wool buys that much heating oil futures.
Near the top of its 1 year range — historically stretched. (93th percentile of the last 1 year)
Heating Oil Futures
$4.39
per Gallan
Wool
AU$1,812.00
per 100 Kilogram
Unit basis: USD per Gallan ÷ AUD per 100 Kilogram. The ratio reads as 100 Kilograms of wool per Gallan of heating oil futures. Prices as of Mon, 24 Aug 2026 11:31:48 GMT.
These two commodities are quoted in different currencies (USD and AUD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.002171
median 0.001751
1Y low
0.001330
Jan 7, 2026
1Y high
0.04050
May 4, 2026
Normal band
0.000–0.005761
mean ± 1 std dev
Deviation from mean
+0.07σ
327 observations
Heating Oil Futures to Wool ratio charts
Pick a range once — it applies to the HO-FUT/WOOL ratio line, the OHLC candles and the Heating Oil Futures / Wool price chart below.
HO-FUT/WOOL ratio line
How many 100 Kg of Wool one Gal of Heating Oil Futures buys, over 1Y.
HO-FUT/WOOL ratio candles
Open, high, low and close of the HO-FUT/WOOL ratio for each period in the last 1Y.
Heating Oil Futures and Wool 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 wool ratio
Heating Oil Futures to Wool ratio = Heating Oil Futures price per Gallan ÷ Wool price per 100 Kilogram
The two legs use different units, so the result is a rate — 100 Kilograms of wool per Gallan of heating oil futures — rather than a plain count.
Worked example, live prices: $4.39 ÷ $1,812.00 = 0.002423. The inverse is 412.8.
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 wool ratio today?
The heating oil futures to wool ratio is 0.002423 — Heating Oil Futures at $4.39 per Gallan divided by Wool at $1,812.00 per 100 Kilogram, from live mid-market prices.
How do you calculate the heating oil futures to wool ratio?
Divide the heating oil futures price per Gallan by the wool price per 100 Kilogram. If the two units differ, the result is a rate rather than a plain count — read it as 100 Kilograms of wool per Gallan of heating oil futures.
What is the inverse of the heating oil futures to wool ratio?
The inverse, wool to heating oil futures, is 412.8 — how many Gallans of heating oil futures one 100 Kilogram of wool buys.