Commodity ratio · live

Lamb to Heating Oil Futures Ratio

The lamb to heating oil futures ratio is 154.8 Lamb at $676.41 per Kilogram divided by Heating Oil Futures at $4.37 per Gallan.

Prices as of Aug 24, 2026, 10:54 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Kilogram

Lamb to Heating Oil Futures ratio

154.8-13.51% / 1Y

1.000 kg of lamb = 154.785 Gal of heating oil futures

Inverse (HO-FUT/LAMB): 0.006461 — one Gallan of heating oil futures buys that much lamb.

Close to the middle of its 1 year range. (38th percentile of the last 1 year)

Lamb

$676.41

per Kilogram

Heating Oil Futures

$4.37

per Gallan

Unit basis: USD per Kilogram ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Kilogram of lamb. Prices as of Mon, 24 Aug 2026 10:54:38 GMT.

1Y average

159.8

median 157.8

1Y low

149.0

Aug 21, 2026

1Y high

179.4

Aug 5, 2026

Normal band

150.5–169.0

mean ± 1 std dev

Deviation from mean

-0.54σ

13 observations

Lamb to Heating Oil Futures ratio charts

Pick a range once — it applies to the LAMB/HO-FUT ratio line, the OHLC candles and the Lamb / Heating Oil Futures price chart below.

LAMB/HO-FUT ratio line

How many Gal of Heating Oil Futures one kg of Lamb buys, over 1Y.

LAMB/HO-FUT ratio candles

Open, high, low and close of the LAMB/HO-FUT ratio for each period in the last 1Y.

Lamb and Heating Oil Futures prices

Both legs of the ratio on their own axes, so you can see which one moved over 1Y.

How to calculate the lamb to heating oil futures ratio

Lamb to Heating Oil Futures ratio = Lamb price per Kilogram ÷ Heating Oil Futures price per Gallan

The two legs use different units, so the result is a rate — Gallans of heating oil futures per Kilogram of lamb — rather than a plain count.

Worked example, live prices: $676.41 ÷ $4.37 = 154.8. The inverse is 0.006461.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the lamb to heating oil futures ratio today?

The lamb to heating oil futures ratio is 154.8 — Lamb at $676.41 per Kilogram divided by Heating Oil Futures at $4.37 per Gallan, from live mid-market prices.

How do you calculate the lamb to heating oil futures ratio?

Divide the lamb price per Kilogram by the heating oil futures price per Gallan. If the two units differ, the result is a rate rather than a plain count — read it as Gallans of heating oil futures per Kilogram of lamb.

What is the inverse of the lamb to heating oil futures ratio?

The inverse, heating oil futures to lamb, is 0.006461 — how many Kilograms of lamb one Gallan of heating oil futures buys.