Heating Oil rose to 2.27 USD/Gal on August 8, 2025, up 0.09% from the previous day. Over the past month, Heating Oil's price has fallen 5.82%, and is down 3.06% 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 August of 2025.

This statistic shows the average annual futures contract 2 price for New York Harbor No.2 heating oil between 1995 and 2019. In 2019, the futures contract 2 price for this fuel came to 1.94 U.S. dollars per gallon.

Graph and download economic data for No. 2 Heating Oil Prices: New York Harbor (DHOILNYH) from 1986-06-02 to 2025-08-04 about new york harbor, heating, New York, oil, commodities, and USA.

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.

Crude Oil rose to 63.59 USD/Bbl on August 10, 2025, up 0.39% from the previous day. Over the past month, Crude Oil's price has fallen 7.09%, and is down 20.57% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on August of 2025.

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The fuel oil market size will decrease by USD 84.77 billion during 2020-2024. This report provides a detailed analysis of the market by application (marine, industrial, and others) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including BP Plc, Chevron Corp., Exxon Mobil Corp., JXTG Holdings Inc., PJSC LUKOIL, PT Pertamina(Persero), Qatar Petroleum, Reliance Industries Ltd., Royal Dutch Shell Plc, and SK Innovation Co. Ltd.

Market Overview

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Market Competitive Analysis

The fuel oil market is fragmented with numerous vendors that produce and supply fuel oil to customers. Vendors need to make high capital investments to remain competitive in the market. BP Plc, Chevron Corp., and Exxon Mobil Corp. are some of the major market participants. Although the rise in world energy demand will offer immense growth opportunities, the fluctuations in crude oil prices will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this fuel oil market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this fuel oil market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

• BP Plc
• Chevron Corp.
• Exxon Mobil Corp.
• JXTG Holdings Inc.
• PJSC LUKOIL
• PT Pertamina(Persero)
• Qatar Petroleum
• Reliance Industries Ltd.
• Royal Dutch Shell Plc
• SK Innovation Co. Ltd.

Fuel Oil Market: Segmentation by Application

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The primary requirement of any marine engine is to propel the ship or generate onsite power by using the energy obtained from burning fuel oil. The mega marine engines of ships burn tons of fuel every day to propel the massively loaded ships. The rise in demand for bunker fuel oil due to the growing seaborne trade and growing naval activities will drive the demand for fuel oil for marine.

However, market growth in this segment will be slower than the growth of the market in the industrial and other segments. This report provides an accurate prediction of the contribution of all the segments to the growth of the fuel oil market size.

Fuel Oil Market: Segmentation by Geography

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Get the latest insights on price movement and trend analysis of Fuel Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Download Historical Heating Oil (Combined) Futures Data. CQG daily, 1 minute, tick, and level 1 data from 1899.

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 Jun 2025 about heating, fuels, oil, commodities, housing, PPI, inflation, price index, indexes, price, and USA.

The Extra Light Heating Oil market is experiencing robust growth, projected to reach a market size of $5 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 4.5% from 2025 to 2033. This growth is fueled by several key drivers, including increasing demand from residential and commercial sectors in colder climates, particularly in regions with limited access to natural gas pipelines. Furthermore, the ongoing energy transition is influencing the market, with a shift toward cleaner-burning heating oils and the development of blended fuels to reduce carbon emissions. However, the market faces restraints such as stringent environmental regulations aimed at curbing greenhouse gas emissions and increasing competition from alternative heating solutions like heat pumps and biomass fuels. These factors necessitate innovative solutions and technological advancements within the industry to maintain its competitive edge. Major players in the Extra Light Heating Oil market, such as Pentas Flora, NIS Future At Work, NEOT Group, NESTE, Caltex, MOL Group, and others, are strategically focusing on expanding their product portfolios, improving distribution networks, and investing in research and development to cater to the evolving consumer preferences and environmental concerns. Market segmentation analysis reveals a significant demand from the residential sector, followed by commercial applications. Geographical distribution varies depending on climate and energy infrastructure, with mature markets exhibiting slower growth compared to emerging economies in colder regions experiencing rapid industrialization and urbanization. The forecast period of 2025-2033 presents both opportunities and challenges, requiring companies to adapt to evolving market dynamics and regulatory landscapes. A focus on sustainability and the development of eco-friendly solutions will be crucial for long-term success.

On August 4, 2025, the Brent crude oil price stood at 68.59 U.S. dollars per barrel, compared to 66.29 U.S. dollars for WTI oil and 71.58 U.S. dollars for the OPEC basket. OPEC prices rose slightly that week, while Brent and WTI prices fell.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for oil and gasoline prices. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (where a contract is agreed upon while product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.

Download Historical Heating Oil (Settlement) Futures Data. CQG daily, 1 minute, tick, and level 1 data from 1899.

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.

China Turnover: Volume: Shanghai Future Exchange: Fuel Oil data was reported at 20,818.307 Unit th in Apr 2025. This records an increase from the previous number of 16,561.181 Unit th for Mar 2025. China Turnover: Volume: Shanghai Future Exchange: Fuel Oil data is updated monthly, averaging 1,819.358 Unit th from Aug 2004 (Median) to Apr 2025, with 249 observations. The data reached an all-time high of 70,453.196 Unit th in Apr 2020 and a record low of 0.000 Unit th in Jun 2018. China Turnover: Volume: Shanghai Future Exchange: Fuel Oil data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Turnover.

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.

DJ Commodity Heating Oil index Faces Uncertain Outlook

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

Brent fell to 66.11 USD/Bbl on August 8, 2025, down 0.48% from the previous day. Over the past month, Brent's price has fallen 5.81%, and is down 17.01% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Brent crude oil - values, historical data, forecasts and news - updated on August of 2025.

We use the average of the tax-inclusive prices of No.20 fuel oil in Guangzhou and Shanghai to represent the fuel oil spot price, the fuel oil futures prices traded in Shanghai Futures Exchange to represent the oil futures prices and the CSI 300 energy index to represent the energy stock index. Meanwhile, the weekly data of S&P 150 500 energy index, WTI (the West Texas intermediate) crude oil prices and WTI crude oil futures prices traded in New York Mercantile Exchange are available for comparison. The sample covers the period from August 26, 2004 to January 21, 2016. The sample size is 596. All data are extracted from Wind Database.

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.

DJ Commodity Heating Oil index: Analysts Predict Moderate Price Fluctuations

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

China Stock: Deliverable: Shanghai Futures Exchange: Fuel Oil data was reported at 157,335.000 Ton in 09 May 2025. This stayed constant from the previous number of 157,335.000 Ton for 30 Apr 2025. China Stock: Deliverable: Shanghai Futures Exchange: Fuel Oil data is updated daily, averaging 157,335.000 Ton from Dec 2014 (Median) to 09 May 2025, with 516 observations. The data reached an all-time high of 519,490.000 Ton in 03 Jul 2020 and a record low of 0.000 Ton in 12 Oct 2018. China Stock: Deliverable: Shanghai Futures Exchange: Fuel Oil data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Stock.

Heating Oil Consumption And Cost (2010 - 2022)

Consumption and cost of heating oil (2010 - 2022)

By data.world's Admin [source]

About this dataset

How much heating oil do New Yorkers use? And how much does it cost them? This dataset provides monthly consumption and cost data for heating oil in New York City, broken down by borough and development. The data includes information on utility vendors and meters, making it possible to track trends over time

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How to use the dataset

This dataset contains monthly consumption and cost data for heating oil in New York City. The data is organized by borough and development, and includes information on the utility vendor and meter used.

This dataset can be used to track trends in heating oil consumption and cost over time, as well as to compare consumption and costs across different developments in New York City

Research Ideas

Predicting future heating oil consumption trends in New York City Analyzing the impact of weather on heating oil consumption Determining the most efficient heating oil providers in New York City

Acknowledgements

If you use this dataset in your research, please credit the original authors. Data Source

License

See the dataset description for more information.

Columns

File: heating-oil-consumption-and-cost-2010-feb-2022-1.csv | Column name | Description | |:-----------------------|:----------------------------------------------------------| | Development Name | The name of the development. (String) | | Borough | The borough in which the development is located. (String) | | Account Name | The name of the account. (String) | | Location | The location of the development. (String) | | Meter AMR | The meter's AMR reading. (String) | | Meter Scope | The meter's scope. (String) | | TDS # | The TDS number. (String) | | EDP | The EDP. (String) | | RC Code | The RC code. (String) | | Funding Source | The funding source. (String) | | AMP # | The AMP number. (String) | | Vendor Name | The name of the vendor. (String) | | Revenue Month | The revenue month. (String) | | Service Start Date | The service start date. (String) | | Service End Date | The service end date. (String) | | # days | The number of days in the service period. (String) | | Meter Number | The meter number. (String) | | Estimated | Whether or not the consumption is estimated. (String) | | Current Charges | The current charges. (String) | | Consumption (GAL) | The consumption in gallons. (String) |

Acknowledgements

If you use this dataset in your research, please credit the original authors. If you use this dataset in your research, please credit data.world's Admin.