Commodity ratio · live
TTF Gas to Heating Oil Futures Ratio
The ttf gas to heating oil futures ratio is 15.36 — TTF Gas at $66.97 per Megawatt Hour divided by Heating Oil Futures at $4.36 per Gallan.
Prices as of Aug 24, 2026, 10:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
TTF Gas to Heating Oil Futures ratio
1.000 MWh of ttf gas = 15.360 Gal of heating oil futures
Inverse (HO-FUT/TTF-GAS): 0.06510 — one Gallan of heating oil futures buys that much ttf gas.
Near the top of its 1 year range — historically stretched. (95th percentile of the last 1 year)
TTF Gas
€66.97
per Megawatt Hour
Heating Oil Futures
$4.36
per Gallan
Unit basis: EUR per Megawatt Hour ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Megawatt Hour of ttf gas. Prices as of Mon, 24 Aug 2026 10:33:23 GMT.
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
13.27
median 13.29
1Y low
10.41
Apr 12, 2026
1Y high
20.78
Mar 8, 2026
Normal band
12.05–14.48
mean ± 1 std dev
Deviation from mean
+1.73σ
327 observations
TTF Gas to Heating Oil Futures ratio charts
Pick a range once — it applies to the TTF-GAS/HO-FUT ratio line, the OHLC candles and the TTF Gas / Heating Oil Futures price chart below.
TTF-GAS/HO-FUT ratio line
How many Gal of Heating Oil Futures one MWh of TTF Gas buys, over 1Y.
TTF-GAS/HO-FUT ratio candles
Open, high, low and close of the TTF-GAS/HO-FUT ratio for each period in the last 1Y.
TTF Gas 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 ttf gas to heating oil futures ratio
TTF Gas to Heating Oil Futures ratio = TTF Gas 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 ttf gas — rather than a plain count.
Worked example, live prices: $66.97 ÷ $4.36 = 15.36. The inverse is 0.06510.
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 ttf gas to heating oil futures ratio today?
The ttf gas to heating oil futures ratio is 15.36 — TTF Gas at $66.97 per Megawatt Hour divided by Heating Oil Futures at $4.36 per Gallan, from live mid-market prices.
How do you calculate the ttf gas to heating oil futures ratio?
Divide the ttf gas 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 ttf gas.
What is the inverse of the ttf gas to heating oil futures ratio?
The inverse, heating oil futures to ttf gas, is 0.06510 — how many Megawatt Hours of ttf gas one Gallan of heating oil futures buys.