Commodity ratio · live
Wheat Futures to US Residential Heating Oil Ratio
The wheat futures to us residential heating oil ratio is 128.0 — Wheat Futures at $708.92 per ounce divided by US Residential Heating Oil at $5.54 per gallon.
Prices as of Sep 23, 2026, 5:18 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Wheat Futures to US Residential Heating Oil ratio
1.000 Oz of wheat futures = 127.964 gal of us residential heating oil
Inverse (HEATOIL-RES-US/ZW-FUT): 0.007815 — one gallon of us residential heating oil buys that much wheat futures.
Close to the middle of its 1 year range. (40th percentile of the last 1 year)
Wheat Futures
$708.92
per ounce
US Residential Heating Oil
$5.54
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, 23 Sep 2026 05:18:34 GMT.
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
1Y average
125.2
median 130.2
1Y low
106.1
Mar 23, 2026
1Y high
139.7
Feb 23, 2026
Normal band
113.9–136.6
mean ± 1 std dev
Deviation from mean
+0.24σ
10 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: $708.92 per ounce ÷ $5.54 per gallon = 128.0. The inverse is 0.007815.
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 | 4333.31 |
| 2 | XAG | Silver | 66.28 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 89.24 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 98.43 |
| 5 | NG-FUT | Natural Gas Futures | 3.02 |
| 6 | PL | 1815.68 | |
| 7 | PA | 1299.80 |
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 128.0 — Wheat Futures at $708.92 per ounce divided by US Residential Heating Oil at $5.54 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 0.007815 — how many ounces of wheat futures one gallon of us residential heating oil buys.