Commodity ratio · live
Urea to Heating Oil Futures Ratio
The urea to heating oil futures ratio is 92.95 — Urea at $409.00 per Metric Ton divided by Heating Oil Futures at $4.40 per Gallan.
Prices as of Aug 24, 2026, 12:20 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Urea to Heating Oil Futures ratio
1.000 T of urea = 92.955 Gal of heating oil futures
Inverse (HO-FUT/UREA): 0.01076 — one Gallan of heating oil futures buys that much urea.
Near the bottom of its 1 year range — historically compressed. (4th percentile of the last 1 year)
Urea
$409.00
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 urea. Prices as of Mon, 24 Aug 2026 12:20:58 GMT.
1Y average
150.4
median 157.6
1Y low
85.99
Aug 16, 2026
1Y high
215.4
Apr 17, 2026
Normal band
121.5–179.4
mean ± 1 std dev
Deviation from mean
-1.99σ
326 observations
Urea to Heating Oil Futures ratio charts
Pick a range once — it applies to the UREA/HO-FUT ratio line, the OHLC candles and the Urea / Heating Oil Futures price chart below.
UREA/HO-FUT ratio line
How many Gal of Heating Oil Futures one T of Urea buys, over 1Y.
UREA/HO-FUT ratio candles
Open, high, low and close of the UREA/HO-FUT ratio for each period in the last 1Y.
Urea 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 urea to heating oil futures ratio
Urea to Heating Oil Futures ratio = Urea 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 urea — rather than a plain count.
Worked example, live prices: $409.00 ÷ $4.40 = 92.95. The inverse is 0.01076.
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 urea to heating oil futures ratio today?
The urea to heating oil futures ratio is 92.95 — Urea at $409.00 per Metric Ton divided by Heating Oil Futures at $4.40 per Gallan, from live mid-market prices.
How do you calculate the urea to heating oil futures ratio?
Divide the urea 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 urea.
What is the inverse of the urea to heating oil futures ratio?
The inverse, heating oil futures to urea, is 0.01076 — how many Metric Tons of urea one Gallan of heating oil futures buys.