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Iron Ore 62% FE to US Residential Heating Oil Ratio

The iron ore 62% fe to us residential heating oil ratio is 17.20 Iron Ore 62% FE at $95.28 per Metric Ton divided by US Residential Heating Oil at $5.54 per Gallon.

Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Metric Ton

Iron Ore 62% FE to US Residential Heating Oil ratio

17.20-26.42% / 1Y

1.000 T of iron ore 62% fe = 17.199 gal of us residential heating oil

Inverse (HEATOIL-RES-US/TIOC): 0.05814 — one Gallon of us residential heating oil buys that much iron ore 62% fe.

Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)

Iron Ore 62% FE

$95.28

per Metric Ton

US Residential Heating Oil

$5.54

per Gallon

Unit basis: USD per Metric Ton ÷ USD per Gallon. The ratio reads as Gallons of us residential heating oil per Metric Ton of iron ore 62% fe. Prices as of Mon, 24 Aug 2026 12:24:36 GMT.

1Y average

20.44

median 20.22

1Y low

18.80

Mar 23, 2026

1Y high

25.41

Mar 2, 2026

Normal band

18.87–22.00

mean ± 1 std dev

Deviation from mean

-2.07σ

5 observations

Iron Ore 62% FE to US Residential Heating Oil ratio charts

Pick a range once — it applies to the TIOC/HEATOIL-RES-US ratio line, the OHLC candles and the Iron Ore 62% FE / US Residential Heating Oil price chart below.

TIOC/HEATOIL-RES-US ratio line

How many gal of US Residential Heating Oil one T of Iron Ore 62% FE buys, over 1Y.

TIOC/HEATOIL-RES-US ratio candles

Open, high, low and close of the TIOC/HEATOIL-RES-US ratio for each period in the last 1Y.

Iron Ore 62% FE 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 iron ore 62% fe to us residential heating oil ratio

Iron Ore 62% FE to US Residential Heating Oil ratio = Iron Ore 62% FE 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 iron ore 62% fe — rather than a plain count.

Worked example, live prices: $95.28 ÷ $5.54 = 17.20. The inverse is 0.05814.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4655.18
2XAGSilver69.27
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.99
5NG-FUTNatural Gas Futures2.81
6PLPlatinum1887.51
7PAPalladium1353.70

Frequently asked questions

What is the iron ore 62% fe to us residential heating oil ratio today?

The iron ore 62% fe to us residential heating oil ratio is 17.20 — Iron Ore 62% FE at $95.28 per Metric Ton divided by US Residential Heating Oil at $5.54 per Gallon, from live mid-market prices.

How do you calculate the iron ore 62% fe to us residential heating oil ratio?

Divide the iron ore 62% fe 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 iron ore 62% fe.

What is the inverse of the iron ore 62% fe to us residential heating oil ratio?

The inverse, us residential heating oil to iron ore 62% fe, is 0.05814 — how many Metric Tons of iron ore 62% fe one Gallon of us residential heating oil buys.

Iron Ore 62% FE to US Residential Heating Oil Ratio — 17.20 Today | CommodityPriceAPI