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 decreased 0.05 USD/GAL or 2.13% since the beginning of 2025, 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 March of 2025.

Graph and download economic data for No. 2 Heating Oil Prices: New York Harbor (DHOILNYH) from 1986-06-02 to 2025-03-17 about new york harbor, heating, New York, oil, commodities, and USA.

Denmark has one of the highest prices for heating oil in the world. In 2020, Danish households paid over 1,600 U.S. dollars per 1,000 liters of light fuel oil. This was more than double the cost of heating oil for households in neighboring Germany. Germany has some of the lowest light fuel oil prices in the world.

Have timely access to reliable Fuel Oil price assessments in Netherlands:

• Fuel Oil (heavy), export spot price, fob, Netherlands

Each assessment includes Fuel Oil price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Fuel Oil price assessments for Netherlands and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

The fuel oil prices in the USA reached 1047 USD/MT in December 2023. In December 2023, the priced of fuel oil in China settled at 758 USD/MT. In Germany, the fuel oil price reached 1237 USD/MT by the end of December 2023.

1646 Global import shipment records of Furnace Oil Fuel Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

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.

The Wholesale Price Index of furnace oil across India during financial year 2024 was over 127. The price index value of furnace oil increased by about 27 percent from the base year of 2012 across India.

Graph and download economic data for Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in Washington, DC-MD-VA (CBSA) (APUA31572511) from Nov 1978 to Dec 1997 about DC, Washington, fuels, MD, energy, VA, urban, retail, price, and USA.

Have timely access to reliable Fuel Oil price assessments in Canada:

• Fuel Oil (heavy), export spot price, fob, Canada

Each assessment includes Fuel Oil price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Fuel Oil price assessments for Canada and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

This dataset contains information about daily spot prices for heating oil from 1986. Data from US Energy Information Administration.Notes:Citation: "Spot Prices For Crude Oil And Petroleum Products". Eia.gov. N.p., 2016. Web. 21 June. 2016.

1646 Global export shipment records of Furnace Oil Fuel Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Have timely access to reliable Fuel Oil price assessments in Brazil:

• Fuel Oil, export transaction price, fob, Brazil

Each assessment includes Fuel Oil price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Fuel Oil price assessments for Brazil and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

Have timely access to reliable Fuel Oil price assessments in South Korea:

• Fuel Oil (intermediate), import spot price, cif, South Korea

Each assessment includes Fuel Oil price history for the past 10 years, current prices, and short-term forecasts. Price assessments are updated on the 3rd business day of every month and are accessible via online charts, an Excel Add-In, and an API. Free previews for all assessments are available at Intratec website.

Fuel Oil price assessments for South Korea and up to 32 other countries are part of Intratec Energy Price References. Subscribe and access now current prices of key energy commodities worldwide.

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Home Heating Oil and Distillates (WPU057302) from Jan 1975 to Feb 2025 about heating, fuels, oil, commodities, housing, PPI, inflation, price index, indexes, price, and USA.

4874 Global import shipment records of Furnace Oil Fuel Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Germany Gasoline Price: Without Taxes: Heating Gas Oil data was reported at 689.100 EUR/1000 l in 03 Mar 2025. This records a decrease from the previous number of 701.700 EUR/1000 l for 24 Feb 2025. Germany Gasoline Price: Without Taxes: Heating Gas Oil data is updated weekly, averaging 513.440 EUR/1000 l from Jan 2002 (Median) to 03 Mar 2025, with 1153 observations. The data reached an all-time high of 1,595.790 EUR/1000 l in 14 Mar 2022 and a record low of 204.240 EUR/1000 l in 21 Jan 2002. Germany Gasoline Price: Without Taxes: Heating Gas Oil data remains active status in CEIC and is reported by European Commission's Directorate-General for Energy. The data is categorized under Global Database’s Germany – Table DE.DG ENER: Gasoline Price.

Sri Lanka Petroleum Price: Local: Furnace Oil: 1000 Second data was reported at 0.000 LKR/l in 2017. This stayed constant from the previous number of 0.000 LKR/l for 2016. Sri Lanka Petroleum Price: Local: Furnace Oil: 1000 Second data is updated yearly, averaging 7.200 LKR/l from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 52.700 LKR/l in 2009 and a record low of 0.000 LKR/l in 2017. Sri Lanka Petroleum Price: Local: Furnace Oil: 1000 Second data remains active status in CEIC and is reported by Central Bank of Sri Lanka. The data is categorized under Global Database’s Sri Lanka – Table LK.P008: Petroleum Price.

This statistic shows the average annual futures contract 1 price for New York Harbor No.2 heating oil between 1990 and 2019. In 2019, the futures contract 1 price for this fuel came to around 1.94 U.S. dollars per gallon.