Commodity ratio · live
Platinum to Heating Oil Futures Ratio
The platinum to heating oil futures ratio is 429.1 — Platinum at $1,883.91 per Troy Ounce divided by Heating Oil Futures at $4.39 per Gallan.
Prices as of Aug 24, 2026, 11:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Platinum to Heating Oil Futures ratio
1.000 T.oz of platinum = 429.137 Gal of heating oil futures
Inverse (HO-FUT/PL): 0.002330 — one Gallan of heating oil futures buys that much platinum.
Below its 1 year average. (13th percentile of the last 1 year)
Platinum
$1,883.91
per Troy Ounce
Heating Oil Futures
$4.39
per Gallan
Unit basis: USD per Troy Ounce ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Troy Ounce of platinum. Prices as of Mon, 24 Aug 2026 11:32:20 GMT.
1Y average
641.1
median 590.4
1Y low
361.4
Jul 29, 2026
1Y high
1197
Jan 7, 2026
Normal band
440.3–841.9
mean ± 1 std dev
Deviation from mean
-1.06σ
302 observations
Platinum to Heating Oil Futures ratio charts
Pick a range once — it applies to the PL/HO-FUT ratio line, the OHLC candles and the Platinum / Heating Oil Futures price chart below.
PL/HO-FUT ratio line
How many Gal of Heating Oil Futures one T.oz of Platinum buys, over 1Y.
PL/HO-FUT ratio candles
Open, high, low and close of the PL/HO-FUT ratio for each period in the last 1Y.
Platinum 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 platinum to heating oil futures ratio
Platinum to Heating Oil Futures ratio = Platinum price per Troy Ounce ÷ Heating Oil Futures price per Gallan
The two legs use different units, so the result is a rate — Gallans of heating oil futures per Troy Ounce of platinum — rather than a plain count.
Worked example, live prices: $1,883.91 ÷ $4.39 = 429.1. The inverse is 0.002330.
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 platinum to heating oil futures ratio today?
The platinum to heating oil futures ratio is 429.1 — Platinum at $1,883.91 per Troy Ounce divided by Heating Oil Futures at $4.39 per Gallan, from live mid-market prices.
How do you calculate the platinum to heating oil futures ratio?
Divide the platinum price per Troy Ounce 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 Troy Ounce of platinum.
What is the inverse of the platinum to heating oil futures ratio?
The inverse, heating oil futures to platinum, is 0.002330 — how many Troy Ounces of platinum one Gallan of heating oil futures buys.