Commodity ratio · live

Electricity Day-Ahead Norway NO2 to Heating Oil Futures Ratio

The electricity day-ahead norway no2 to heating oil futures ratio is 13.90 Electricity Day-Ahead Norway NO2 at $63.11 per Megawatt Hour divided by Heating Oil Futures at $4.54 per Gallan.

Prices as of Sep 5, 2026, 11:22 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Megawatt Hour
ELEC-DA-NO2 · EUR per Megawatt Hour
HO-FUT · USD per Gallan

Electricity Day-Ahead Norway NO2 to Heating Oil Futures ratio

13.90-56.91% / 1Y

1.000 MWh of electricity day-ahead norway no2 = 13.901 Gal of heating oil futures

Inverse (HO-FUT/ELEC-DA-NO2): 0.07194 — one Gallan of heating oil futures buys that much electricity day-ahead norway no2.

Below its 1 year average. (25th percentile of the last 1 year)

Electricity Day-Ahead Norway NO2

€63.11

per Megawatt Hour

Heating Oil Futures

$4.54

per Gallan

Unit basis: EUR per Megawatt Hour ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Megawatt Hour of electricity day-ahead norway no2. Prices as of Sat, 05 Sep 2026 11:22:05 GMT.

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

These two commodities are quoted in different currencies (EUR and USD). The figure above is a raw quote ratio and is not FX-adjusted.

1Y average

26.35

median 29.62

1Y low

13.87

Sep 4, 2026

1Y high

36.57

Sep 3, 2026

Normal band

18.99–33.71

mean ± 1 std dev

Deviation from mean

-1.69σ

4 observations

Electricity Day-Ahead Norway NO2 to Heating Oil Futures ratio charts

Pick a range once — it applies to the ELEC-DA-NO2/HO-FUT ratio line, the OHLC candles and the Electricity Day-Ahead Norway NO2 / Heating Oil Futures price chart below.

ELEC-DA-NO2/HO-FUT ratio line

How many Gal of Heating Oil Futures one MWh of Electricity Day-Ahead Norway NO2 buys, over 1Y.

ELEC-DA-NO2/HO-FUT ratio candles

Open, high, low and close of the ELEC-DA-NO2/HO-FUT ratio for each period in the last 1Y.

Electricity Day-Ahead Norway NO2 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 electricity day-ahead norway no2 to heating oil futures ratio

Electricity Day-Ahead Norway NO2 to Heating Oil Futures ratio = Electricity Day-Ahead Norway NO2 price per Megawatt Hour ÷ Heating Oil Futures price per Gallan

The two legs use different units, so the result is a rate — Gallans of heating oil futures per Megawatt Hour of electricity day-ahead norway no2 — rather than a plain count.

Worked example, live prices: 63.11 ÷ $4.54 = 13.90. The inverse is 0.07194.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4430.58
2XAGSilver66.24
3WTIOIL-FUTCrude Oil WTI Futures91.48
4BRENTOIL-FUTCrude Oil Brent Futures96.28
5NG-FUTNatural Gas Futures2.98
6PLPlatinum1824.38
7PAPalladium1398.80

Frequently asked questions

What is the electricity day-ahead norway no2 to heating oil futures ratio today?

The electricity day-ahead norway no2 to heating oil futures ratio is 13.90 — Electricity Day-Ahead Norway NO2 at €63.11 per Megawatt Hour divided by Heating Oil Futures at $4.54 per Gallan, from live mid-market prices.

How do you calculate the electricity day-ahead norway no2 to heating oil futures ratio?

Divide the electricity day-ahead norway no2 price per Megawatt Hour 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 Megawatt Hour of electricity day-ahead norway no2.

What is the inverse of the electricity day-ahead norway no2 to heating oil futures ratio?

The inverse, heating oil futures to electricity day-ahead norway no2, is 0.07194 — how many Megawatt Hours of electricity day-ahead norway no2 one Gallan of heating oil futures buys.

Electricity Day-Ahead Norway NO2 to Heating Oil Futures Ratio — 13.90 Today | CommodityPriceAPI