Commodity ratio · live

Wheat Futures to US Residential Heating Oil Ratio

The wheat futures to us residential heating oil ratio is 102.3 — Wheat Futures at $628.35 per ounce divided by US Residential Heating Oil at $6.14 per gallon.

Prices as of Oct 21, 2026, 6:22 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Ounce
ZW-FUT · USD per Ounce
HEATOIL-RES-US · USD per Gallon

Wheat Futures to US Residential Heating Oil ratio

102.3-24.51% / 1Y

1.000 Oz of wheat futures = 102.337 gal of us residential heating oil

Inverse (HEATOIL-RES-US/ZW-FUT): 0.009772 — one gallon of us residential heating oil buys that much wheat futures.

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

Wheat Futures

$628.35

per ounce

US Residential Heating Oil

$6.14

per gallon

Unit basis: USD per ounce ÷ USD per gallon. The two legs are priced per different things — dollars per ounce against dollars per gallon — so the result is a rate: gallons of us residential heating oil per ounce of wheat futures, not a plain count. Prices as of Wed, 21 Oct 2026 18:22:16 GMT.

Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.

1Y average

121.6

median 117.2

1Y low

105.4

Oct 19, 2026

1Y high

139.7

Feb 23, 2026

Normal band

109.6–133.5

mean ± 1 std dev

Deviation from mean

-1.61σ

13 observations

Wheat Futures to US Residential Heating Oil ratio charts

Pick a range once — it applies to the ZW-FUT/HEATOIL-RES-US ratio line, the OHLC candles and the Wheat Futures / US Residential Heating Oil price chart below.

ZW-FUT/HEATOIL-RES-US ratio line

How many gal of US Residential Heating Oil one Oz of Wheat Futures buys, over 1Y.

ZW-FUT/HEATOIL-RES-US ratio candles

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

Wheat Futures 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 wheat futures to us residential heating oil ratio

Wheat Futures to US Residential Heating Oil ratio = Wheat Futures price in USD per ounce ÷ US Residential Heating Oil price in USD per gallon

The two legs are priced per different things — dollars per ounce against dollars per gallon — so the result is a rate: gallons of us residential heating oil per ounce of wheat futures, not a plain count.

Worked example, live prices: $628.35 per ounce ÷ $6.14 per gallon = 102.3. The inverse is 0.009772.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4024.29
2XAGSilver54.53
3WTIOIL-FUTCrude Oil WTI Futures103.24
4BRENTOIL-FUTCrude Oil Brent Futures113.42
5NG-FUTNatural Gas Futures2.79
6XPTPlatinum1568.98
7XPDPalladium1061.20

Frequently asked questions

What is the wheat futures to us residential heating oil ratio today?

The wheat futures to us residential heating oil ratio is 102.3 — Wheat Futures at $628.35 per ounce divided by US Residential Heating Oil at $6.14 per gallon, from live mid-market prices.

How do you calculate the wheat futures to us residential heating oil ratio?

Divide the wheat futures price per ounce by the us residential heating oil price per gallon. The two legs are priced per different things — dollars per ounce against dollars per gallon — so the result is a rate: gallons of us residential heating oil per ounce of wheat futures, not a plain count.

What is the inverse of the wheat futures to us residential heating oil ratio?

The inverse, us residential heating oil to wheat futures, is 0.009772 — how many ounces of wheat futures one gallon of us residential heating oil buys.

Wheat Futures to US Residential Heating Oil Ratio — 102.3 Today | CommodityPriceAPI