Heating Oil rose to 2.42 USD/Gal on July 31, 2025, up 0.38% from the previous day. Over the past month, Heating Oil's price has risen 3.79%, and is up 0.23% compared to the same time last year, 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.

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.

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.

The average price for heating oil in Poland was volatile and peaked in 2022. The prices dropped, reaching over ***** euros per 1,000 liters in December 2024.

The global fuel energy price index stood at 166.79 index points in May 2025, up from 100 in the base year 2016. Figures increased that month due to greater demand for motor fuels and cooling. The fuel energy index includes prices for crude oil, natural gas, coal, and propane. Supply constraints across multiple commodities The global natural gas price index surged nearly 11-fold, and the global coal price index rose almost seven-fold from summer 2020 to summer 2022. This notable escalation was largely attributed to the Russia-Ukraine war, exerting increased pressure on the global supply chain. Tariffs bring economic uncertainty With the global economy having adjusted to the effects of the Russia-Ukraine war, new uncertainty has emerged due to tariffs imposed by the Trump administration. If these tariffs are fully implemented, global trade could be significantly disrupted, mainly the bilateral trade between the world’s two largest economies. In 2025, import tariffs between China and the United States exceeded 130 percent on both sides, while their tariffs on imports from the rest of the world were around 10 percent. U.S. tariffs on Chinese imported goods reached a high of 134.7 percent in April of that year, while China imposed a 147.6 percent tariff on U.S. goods. Early estimates indicate that the impact of Trump’s proposed tariffs on the U.S. economy could amount to 0.4 percent of GDP, mainly driven by the reduced trade with Mexico, Canada and China.

Graph and download economic data for No. 2 Heating Oil Prices: New York Harbor (WHOILNYH) from 1986-06-06 to 2025-06-13 about new york harbor, heating, New York, oil, commodities, and USA.

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 Alaska Fuel Price Report was originally created in 2005 to provide information about actual energy costs across Alaska. These data were used to inform decision making relating to grant and loan programs administered by the Alaska Department of Commerce, Community, and Economic Development.Since the initial report in 2005, the Division of Community and Regional Affairs (DCRA) has conducted 38 surveys to obtain heating fuel and gasoline prices from 100 selected Alaskan communities. At the time the survey was launched, the national AAA fuel survey only reported Anchorage and Mat-Su pricing so these areas were deliberately excluded from the 100 select communities. For nearly twenty years, DCRA fuel survey data have been used by public and private entities as a consistent frame of reference for gasoline and heating fuel prices over time.

Beginning in 2005, the Division of Community and Regional Affairs began collecting prices of heating fuel and unleaded gasoline in 100 select communities. The communities have remained constant since the project’s inception. The prices for heating fuel in these 100 communities are collected via a telephone survey of each fuel retailer. Survey methodology has evolved over time; however, the reported prices should be considered representative of what a community resident would have paid for a gallon of heating fuel (including tax) on the day of contact.

Avg Retail Price: Heating Fuel: Ontario: Toronto data was reported at 151.500 0.01 CAD/l in Mar 2025. This records a decrease from the previous number of 165.100 0.01 CAD/l for Feb 2025. Avg Retail Price: Heating Fuel: Ontario: Toronto data is updated monthly, averaging 84.400 0.01 CAD/l from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 258.700 0.01 CAD/l in May 2022 and a record low of 33.700 0.01 CAD/l in Aug 1990. Avg Retail Price: Heating Fuel: Ontario: Toronto data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.P015: Fuel Oil Price at Self Service Filling Stations. [COVID-19-IMPACT]

Avg Retail Price: Heating Fuel: Prince Edward Island: Charlottetown & Summerside data was reported at 130.200 0.01 CAD/l in Mar 2025. This records a decrease from the previous number of 144.100 0.01 CAD/l for Feb 2025. Avg Retail Price: Heating Fuel: Prince Edward Island: Charlottetown & Summerside data is updated monthly, averaging 73.800 0.01 CAD/l from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 214.300 0.01 CAD/l in Nov 2022 and a record low of 28.600 0.01 CAD/l in Apr 1999. Avg Retail Price: Heating Fuel: Prince Edward Island: Charlottetown & Summerside data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.P015: Fuel Oil Price at Self Service Filling Stations. [COVID-19-IMPACT]

Avg Retail Price: Heating Fuel: Quebec: Quebec data was reported at 190.500 0.01 CAD/l in Mar 2025. This records an increase from the previous number of 189.700 0.01 CAD/l for Feb 2025. Avg Retail Price: Heating Fuel: Quebec: Quebec data is updated monthly, averaging 79.700 0.01 CAD/l from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 238.800 0.01 CAD/l in Nov 2022 and a record low of 35.100 0.01 CAD/l in Mar 1999. Avg Retail Price: Heating Fuel: Quebec: Quebec data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.P015: Fuel Oil Price at Self Service Filling Stations. [COVID-19-IMPACT]

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.

Avg Retail Price: Heating Fuel: Saskatchewan: Saskatoon data was reported at 140.200 0.01 CAD/l in Mar 2025. This records a decrease from the previous number of 142.000 0.01 CAD/l for Feb 2025. Avg Retail Price: Heating Fuel: Saskatchewan: Saskatoon data is updated monthly, averaging 86.000 0.01 CAD/l from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 202.200 0.01 CAD/l in Oct 2022 and a record low of 30.200 0.01 CAD/l in Jan 1990. Avg Retail Price: Heating Fuel: Saskatchewan: Saskatoon data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.P015: Fuel Oil Price at Self Service Filling Stations. [COVID-19-IMPACT]

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.

Avg Retail Price: Heating Fuel: Ontario: Ottawa-Gatineau data was reported at 186.400 0.01 CAD/l in Mar 2025. This records a decrease from the previous number of 187.500 0.01 CAD/l for Feb 2025. Avg Retail Price: Heating Fuel: Ontario: Ottawa-Gatineau data is updated monthly, averaging 84.400 0.01 CAD/l from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 270.800 0.01 CAD/l in Nov 2022 and a record low of 34.100 0.01 CAD/l in Jan 1990. Avg Retail Price: Heating Fuel: Ontario: Ottawa-Gatineau data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.P015: Fuel Oil Price at Self Service Filling Stations. [COVID-19-IMPACT]

United States - No. 2 Heating Oil Prices: New York Harbor was 2.29200 $ per Gallon in January of 2024, according to the United States Federal Reserve. Historically, United States - No. 2 Heating Oil Prices: New York Harbor reached a record high of 3.56500 in January of 2022 and a record low of 0.39200 in January of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - No. 2 Heating Oil Prices: New York Harbor - last updated from the United States Federal Reserve on August of 2025.

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.

Germany Gasoline Price: With Taxes: Heating Gas Oil data was reported at 886.600 EUR/1000 l in 12 May 2025. This records a decrease from the previous number of 895.000 EUR/1000 l for 05 May 2025. Germany Gasoline Price: With Taxes: Heating Gas Oil data is updated weekly, averaging 685.570 EUR/1000 l from Jan 2002 (Median) to 12 May 2025, with 1162 observations. The data reached an all-time high of 1,972.000 EUR/1000 l in 14 Mar 2022 and a record low of 308.100 EUR/1000 l in 21 Jan 2002. Germany Gasoline Price: With 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.