Commodity ratio · live
Magnesium to US Residential Heating Oil Ratio
The magnesium to us residential heating oil ratio is 3051 — Magnesium at $16,900.00 per Metric Ton divided by US Residential Heating Oil at $5.54 per Gallon.
Prices as of Aug 24, 2026, 11:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Magnesium to US Residential Heating Oil ratio
1.000 T of magnesium = 3,050.5 gal of us residential heating oil
Inverse (HEATOIL-RES-US/MG): 0.0003278 — one Gallon of us residential heating oil buys that much magnesium.
Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)
Magnesium
¥16,900.00
per Metric Ton
US Residential Heating Oil
$5.54
per Gallon
Unit basis: CNY per Metric Ton ÷ USD per Gallon. The ratio reads as Gallons of us residential heating oil per Metric Ton of magnesium. Prices as of Mon, 24 Aug 2026 11:34:21 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
3918
median 4200
1Y low
3196
Mar 23, 2026
1Y high
4531
Jan 26, 2026
Normal band
3438–4398
mean ± 1 std dev
Deviation from mean
-1.81σ
10 observations
Magnesium to US Residential Heating Oil ratio charts
Pick a range once — it applies to the MG/HEATOIL-RES-US ratio line, the OHLC candles and the Magnesium / US Residential Heating Oil price chart below.
MG/HEATOIL-RES-US ratio line
How many gal of US Residential Heating Oil one T of Magnesium buys, over 1Y.
MG/HEATOIL-RES-US ratio candles
Open, high, low and close of the MG/HEATOIL-RES-US ratio for each period in the last 1Y.
Magnesium and US Residential Heating Oil prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the magnesium to us residential heating oil ratio
Magnesium to US Residential Heating Oil ratio = Magnesium price per Metric Ton ÷ US Residential Heating Oil price per Gallon
The two legs use different units, so the result is a rate — Gallons of us residential heating oil per Metric Ton of magnesium — rather than a plain count.
Worked example, live prices: $16,900.00 ÷ $5.54 = 3051. The inverse is 0.0003278.
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 magnesium to us residential heating oil ratio today?
The magnesium to us residential heating oil ratio is 3051 — Magnesium at $16,900.00 per Metric Ton divided by US Residential Heating Oil at $5.54 per Gallon, from live mid-market prices.
How do you calculate the magnesium to us residential heating oil ratio?
Divide the magnesium price per Metric Ton by the us residential heating oil price per Gallon. If the two units differ, the result is a rate rather than a plain count — read it as Gallons of us residential heating oil per Metric Ton of magnesium.
What is the inverse of the magnesium to us residential heating oil ratio?
The inverse, us residential heating oil to magnesium, is 0.0003278 — how many Metric Tons of magnesium one Gallon of us residential heating oil buys.