Commodity ratio · live
Naphtha to Heating Oil Futures Ratio
The naphtha to heating oil futures ratio is 173.7 — Naphtha at $757.20 per Metric Ton divided by Heating Oil Futures at $4.36 per Gallan.
Prices as of Aug 24, 2026, 10:34 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Naphtha to Heating Oil Futures ratio
1.000 T of naphtha = 173.670 Gal of heating oil futures
Inverse (HO-FUT/NAPHTHA): 0.005758 — one Gallan of heating oil futures buys that much naphtha.
Near the bottom of its 1 year range — historically compressed. (5th percentile of the last 1 year)
Naphtha
$757.20
per Metric Ton
Heating Oil Futures
$4.36
per Gallan
Unit basis: USD per Metric Ton ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Metric Ton of naphtha. Prices as of Mon, 24 Aug 2026 10:34:04 GMT.
1Y average
215.2
median 219.2
1Y low
157.4
Mar 7, 2026
1Y high
279.9
Apr 7, 2026
Normal band
194.0–236.4
mean ± 1 std dev
Deviation from mean
-1.96σ
325 observations
Naphtha to Heating Oil Futures ratio charts
Pick a range once — it applies to the NAPHTHA/HO-FUT ratio line, the OHLC candles and the Naphtha / Heating Oil Futures price chart below.
NAPHTHA/HO-FUT ratio line
How many Gal of Heating Oil Futures one T of Naphtha buys, over 1Y.
NAPHTHA/HO-FUT ratio candles
Open, high, low and close of the NAPHTHA/HO-FUT ratio for each period in the last 1Y.
Naphtha 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 naphtha to heating oil futures ratio
Naphtha to Heating Oil Futures ratio = Naphtha price per Metric Ton ÷ Heating Oil Futures price per Gallan
The two legs use different units, so the result is a rate — Gallans of heating oil futures per Metric Ton of naphtha — rather than a plain count.
Worked example, live prices: $757.20 ÷ $4.36 = 173.7. The inverse is 0.005758.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the naphtha to heating oil futures ratio today?
The naphtha to heating oil futures ratio is 173.7 — Naphtha at $757.20 per Metric Ton divided by Heating Oil Futures at $4.36 per Gallan, from live mid-market prices.
How do you calculate the naphtha to heating oil futures ratio?
Divide the naphtha price per Metric Ton 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 Metric Ton of naphtha.
What is the inverse of the naphtha to heating oil futures ratio?
The inverse, heating oil futures to naphtha, is 0.005758 — how many Metric Tons of naphtha one Gallan of heating oil futures buys.