The Average Home Heating Oil Prices dataset provides New York residents and businesses with objective information on average residential retail heating fuel oil pricing in New York State and by region beginning September 8, 1997. Pricing data is obtained via surveys conducted by NYSERDA staff on a weekly basis during heating season (September to March) and bi-weekly during the rest of the year. All prices are listed in dollars per gallon.

The Average Home Heating Oil Prices dataset, Average Residential Retail Kerosene Prices dataset, and Average Residential Retail Propane Prices dataset are collectively referred to as the Heating Fuel Prices dataset.

For current and historical residential retail price data, regional comparisons, and fuel type comparisons, please visit the Home Heating Oil Prices Dashboard: https://www.nyserda.ny.gov/Researchers-and-Policymakers/Energy-Prices/Home-Heating-Oil/Average-Home-Heating-Oil-Prices

The New York State Energy Research and Development Authority (NYSERDA) offers objective information and analysis, innovative programs, technical expertise, and support to help New Yorkers increase energy efficiency, save money, use renewable energy, accelerate economic growth, and reduce reliance on fossil fuels. To learn more about NYSERDA’s programs, visit nyserda.ny.gov or follow us on X, Facebook, YouTube, or Instagram.

Find in-season and off-season pricing for heating fuels, including heating oil, propane and wood price surveys by DOER. Links to electric and natural gas rates also available here.

Heating oil price in the United States has peaked in winter 2022/23 at 4.31 U.S. dollars per gallon and has decreased ever since. Heating oil is a liquid petroleum product that is, among other things, used in residential buildings as a fuel oil in furnaces or boilers. Chemically, most heating oils are similar to motor diesel fuels and are often sold interchangeably. Forecast heating price in the U.S. The average price of heating oil in the United States in the winter of 2024/25 is expected to reach 3.44 U.S. dollars per gallon. Energy prices are projected to see a decrease this winter, because of increased production of heating fuels. The number of heating degree days, which are the days in which the average temperature is below 18 degrees Celsius (65 degrees Fahrenheit), also helps quantify the energy demand required to heat a building. What determines heating oil price? Generally, heating oil prices are collected during the heating season between October and March. In the U.S., the greatest determining factor for heating oil prices is the WTI crude oil price. Consumers can lower heating oil bills by considering when they purchase, reducing consumption, and through government assistance programs.

Heating Oil rose to 2.47 USD/Gal on July 11, 2025, up 3.46% from the previous day. Over the past month, Heating Oil's price has risen 11.10%, but it is still 1.60% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Heating oil - values, historical data, forecasts and news - updated on July of 2025.

Interactive chart showing the monthly closing price for No. 2 Heating Oil: New York Harbor since 1986. The prices shown are in U.S. dollars.

The average price of light heating oil fluctuated in the timeline displayed, with a particularly significant price jump recorded in March 2022. As of May 2025, the average consumer price (incl. VAT) for a liter of light heating oil was around 89.6 euro cents.

The Average Home Heating Oil Prices dataset provides New York residents and businesses with objective information on average residential retail heating fuel oil pricing in New York State and by region beginning September 8, 1997. Pricing data is obtained via surveys conducted by NYSERDA staff on a weekly basis during heating season (September to March) and bi-weekly during the rest of the year. All prices are listed in dollars per gallon. The Average Home Heating Oil Prices dataset, Average Residential Retail Kerosene Prices dataset, and Average Residential Retail Propane Prices dataset are collectively referred to as the Heating Fuel Prices dataset. For current and historical residential retail price data, regional comparisons, and fuel type comparisons, please visit the Home Heating Oil Prices Dashboard: https://www.nyserda.ny.gov/Researchers-and-Policymakers/Energy-Prices/Home-Heating-Oil/Average-Home-Heating-Oil-Prices The New York State Energy Research and Development Authority (NYSERDA) offers objective information and analysis, innovative programs, technical expertise, and support to help New Yorkers increase energy efficiency, save money, use renewable energy, accelerate economic growth, and reduce reliance on fossil fuels. To learn more about NYSERDA’s programs, visit nyserda.ny.gov or follow us on X, Facebook, YouTube, or Instagram.

The Average Residential Retail Kerosene Prices dataset provides New York residents and businesses with objective information on average residential retail kerosene pricing in New York State and by region beginning September 4, 2000. Pricing data is obtained via surveys conducted by New York State Energy Research and Development Authority (NYSERDA) staff on a weekly basis during heating season (September to March) and bi-weekly during the rest of the year. All prices are listed in dollars per gallon.

The Average Home Heating Oil Prices dataset, Average Residential Retail Kerosene Prices dataset, and Average Residential Retail Propane Prices dataset are collectively referred to as the Heating Fuel Prices dataset.

For current and historical residential retail price data, regional comparisons, and fuel type comparisons, please visit the Kerosene Prices Dashboard: https://www.nyserda.ny.gov/researchers-and-policymakers/energy-prices/kerosene/average-kerosene-prices

The New York State Energy Research and Development Authority (NYSERDA) offers objective information and analysis, innovative programs, technical expertise, and support to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. To learn more about NYSERDA’s programs, visit https://nyserda.ny.gov or follow us on X, Facebook, YouTube, or Instagram.

As of 2025, the average consumer price of light heating oil in Germany was around 95.84 euro cents per liter. Prices fluctuated during the specified time period and were noticeably higher in 2022. Like fuel prices, heating oil prices are important cost factors for consumers.

The average domestic heating oil price in Canada reached about 902 Canadian dollars per 1,000 liters in April 2020. Drops in prices over early 2020 is likely due to the coronavirus lockdowns. There are three types of middle distillate fuel oils that can be used for liquid-fuel-burning equipment without any preheating, and three other types that require preheating as they contain residual fuel components. There are both federal and provincial regulations that are applicable to heating oils in Canada, including the Canadian Environmental Protection Act.

Oil vs natural gas heating

Most houses in North America use a central furnace for space heating. In gas or oil fueled furnaces, the fuel is mixed with air and burned. However, most of Canada’s residential space heating is fueled by natural gas, especially as many new homeowners switch out oil heat furnaces in favor of natural gas equipment. Despite the common transition towards natural gas, heating oil tends to burn hotter than natural gas and thus, efficiently heats spaces in a much shorter time. Oil furnaces tend to last much longer than natural gas furnaces.

Graph and download economic data for No. 2 Heating Oil Prices: New York Harbor (DHOILNYH) from 1986-06-02 to 2025-07-07 about new york harbor, heating, New York, oil, commodities, and USA.

The average price of heating oil in France progressed in a volatile manner between the year 2000 and 2016, going from ***** euros to ***** euros per 1,000 liters. The price reached a peak in 2012, when the French end-consumer had to pay almost ***** euros per 1,000 liters of heating oil.

France consumes fewer fossil fuels than Germany

Heating oil is mainly used as a fuel oil for boilers, industrial furnaces or central heating systems. In a survey led by the International Energy Agency in 2016, the residential space heating was responsible for ** percent of the carbon dioxide emissions in France. In Germany, where the average price of heating seems to have progressed in a similar manner as in France, the share of electricity produced from oil, gas and coal sources is much higher than in France. In 2015, ***** percent of the electricity produced in Germany came from fossil fuels, while in France this share amounted to **** percent.

The German consumption of fossil fuels should be reduced along with its Carbon dioxide emissions

Germany’s relative dependence on fossil fuels is also reflected in its emissions of carbon dioxide. Alone in 2016, Germany released around ***** million metric tons of CO2 into the atmosphere. In that same year, France reported ***** million metric tons of CO2. Due to Germany’s energy transformation plan (the so-called Energiewende), the government plans the consumption of fossil fuels should be reduced by ** percent by 2050* in order to reduce sharply the emission generated by this energy source.

Graph and download economic data for Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in U.S. City Average (APU000072511) from Nov 1978 to May 2025 about fuels, energy, retail, price, and USA.

Households in Germany paid an average of ***** euros per thousand liters of heating oil in 2021. Between 2000 and 2021, heating oil prices in Germany fluctuated, peaking at ***** euros per thousand liters in 2012.

Residential heating in Germany

There are approximately ** million households in Germany, with several heat sources available. As of 2020, heating oil represented a quarter of the household heating source in Germany. Although many of Germany’s homes are heated by oil, these systems can be decades old and are a major source of residential CO2 emissions. As a result, the German government has outlined plans to ban oil-fired heating systems by 2026. Natural gas is the most common household heat source in Germany, providing heat to half of Germany’s homes. Most of the energy consumed in residential buildings in Germany is from space heating, followed by water heating.

Heating in new homes in Germany

Due to the move away from heating oil, modern technologies are now used to heat new homes. In 2020, **** percent of new homes in Germany were heated by electric heat pumps. The number of heat pumps in operation in Germany has been increasing steadily in recent years, and totaled *** million in 2020. This was an increase of more than half a million when compared to 2013.

Heating oil prices in Ireland increased to 645.3 euros per thousand liters in 2021. This was 84 euros more than the previous year, but lower than households paid between 2005 and 2015.Heating oil prices across EuropeWhile Irish residents may be feeling the pinch of rising heating oil prices, prices there are far from the highest in Europe. Residents of the Netherlands could expect to pay 1,169 euros per thousand liters, while heating oil prices in Denmark were more than twice those in Ireland.Low carbon heating: moving beyond oilBurning fossil fuels is a carbon intensive mean of heating buildings, and some governments as well as lobby groups are looking for low carbon solutions for keeping warm during winter. The German Government, for example, has moved to ban the installation of new oil heaters as soon as 2026. The United Kingdom’s Renewable Heat Incentive (RHI) scheme has so far seen 1,947 oil burning units replaced with solar thermal systems and 9,694 oil burning units replaced with air source heat pumps.

The Average Residential Retail Propane Prices dataset provides New York residents and businesses with objective information on average residential retail propane pricing in New York State and by region beginning September 8, 1997. Pricing data is obtained via surveys conducted by New York State Energy Research and Development Authority (NYSERDA) staff on a weekly basis during heating season (September to March) and bi-weekly during the rest of the year. All prices are listed in dollars per gallon. The Average Home Heating Oil Prices dataset, Average Residential Retail Kerosene Prices dataset, and Average Residential Retail Propane Prices dataset are collectively referred to as the Heating Fuel Prices dataset. For current and historical residential retail price data, regional comparisons, and fuel type comparisons, please visit the Propane Prices Dashboard: https://www.nyserda.ny.gov/researchers-and-policymakers/energy-prices/propane/average-propane-prices The New York State Energy Research and Development Authority (NYSERDA) offers objective information and analysis, innovative programs, technical expertise, and support to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. To learn more about NYSERDA’s programs, visit nyserda.ny.gov or follow us on X, Facebook, YouTube, or Instagram.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Is the Heating Oil Index a Reliable Indicator of Market Trends?

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

Average price of heating oil in Great Britain presented a trend of growth, despite some oscillation. Between 2000 and 2020, figures more than doubled, with an increase of ***** euros per thousand liters and peaked at ***** euros per thousand liters in 2012. By 2020, the average price of heating oil in Great Britain amounted to ***** euros per thousand liters.

Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.