Commodity ratio · live
Olive Oil to Heating Oil Futures Ratio
The olive oil to heating oil futures ratio is 1406 — Olive Oil at $6,185.22 per Metric Ton divided by Heating Oil Futures at $4.40 per Gallan.
Prices as of Aug 24, 2026, 12:25 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Olive Oil to Heating Oil Futures ratio
1.000 T of olive oil = 1,405.7 Gal of heating oil futures
Inverse (HO-FUT/OLVOIL): 0.0007114 — one Gallan of heating oil futures buys that much olive oil.
Olive Oil
$6,185.22
per Metric Ton
Heating Oil Futures
$4.40
per Gallan
Unit basis: USD per Metric Ton ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Metric Ton of olive oil. Prices as of Mon, 24 Aug 2026 12:25:30 GMT.
Olive Oil to Heating Oil Futures ratio charts
Pick a range once — it applies to the OLVOIL/HO-FUT ratio line, the OHLC candles and the Olive Oil / Heating Oil Futures price chart below.
OLVOIL/HO-FUT ratio line
How many Gal of Heating Oil Futures one T of Olive Oil buys, over 1Y.
No overlapping history for OLVOIL/HO-FUT over 1Y. Try a longer range.
OLVOIL/HO-FUT ratio candles
Open, high, low and close of the OLVOIL/HO-FUT ratio for each period in the last 1Y.
No overlapping history for OLVOIL/HO-FUT over 1Y. Try a longer range.
Olive Oil 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 olive oil to heating oil futures ratio
Olive Oil to Heating Oil Futures ratio = Olive Oil 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 olive oil — rather than a plain count.
Worked example, live prices: $6,185.22 ÷ $4.40 = 1406. The inverse is 0.0007114.
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 | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the olive oil to heating oil futures ratio today?
The olive oil to heating oil futures ratio is 1406 — Olive Oil at $6,185.22 per Metric Ton divided by Heating Oil Futures at $4.40 per Gallan, from live mid-market prices.
How do you calculate the olive oil to heating oil futures ratio?
Divide the olive oil 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 olive oil.
What is the inverse of the olive oil to heating oil futures ratio?
The inverse, heating oil futures to olive oil, is 0.0007114 — how many Metric Tons of olive oil one Gallan of heating oil futures buys.