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.

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.

United States - Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in the Northeast Census Region - Size Class B/C was 3.17300 Index in May of 2025, according to the United States Federal Reserve. Historically, United States - Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in the Northeast Census Region - Size Class B/C reached a record high of 5.82800 in May of 2022 and a record low of 0.72200 in September of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in the Northeast Census Region - Size Class B/C - last updated from the United States Federal Reserve on July of 2025.

United States - Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in the Northeast Census Region - Urban was 3.40000 Index in May of 2025, according to the United States Federal Reserve. Historically, United States - Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in the Northeast Census Region - Urban reached a record high of 6.11100 in May of 2022 and a record low of 0.54100 in November of 1978. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in the Northeast Census Region - Urban - last updated from the United States Federal Reserve on July of 2025.

Diesel prices in the USA followed a largely upward trend during Q1 2025, with prices closing higher compared to the previous quarter despite some fluctuations in March. In January, prices rose due to increased heating fuel demand driven by winter storm Enzo and strong domestic consumption. However, warmer weather forecasts later in the month softened demand, overall market sentiment remained firm, supported by reduced inventories and refinery constraints. February saw a further price increase as cold temperatures in the Northeast intensified heating oil usage, and maintenance at key refineries tightened domestic supply.

Northeast Urban - Consumer Price Index for All Urban Consumers: Motor Fuel in Northeast was 279.98800 Index 1982-84=100 in July of 2024, according to the United States Federal Reserve. Historically, Northeast Urban - Consumer Price Index for All Urban Consumers: Motor Fuel in Northeast reached a record high of 350.37700 in January of 2022 and a record low of 70.50000 in July of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for Northeast Urban - Consumer Price Index for All Urban Consumers: Motor Fuel in Northeast - last updated from the United States Federal Reserve on June of 2025.

United States - Consumer Price Index for All Urban Consumers: Motor Fuel in Northeast - Size Class A was 271.51300 Index 1982-1984=100 in July of 2024, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: Motor Fuel in Northeast - Size Class A reached a record high of 347.54800 in January of 2022 and a record low of 69.60000 in July of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: Motor Fuel in Northeast - Size Class A - last updated from the United States Federal Reserve on July of 2025.

Northeast Urban - Consumer Price Index for All Urban Consumers: Motor Fuel in Northeast was 267.02000 Index 1982-84=100 in May of 2025, according to the United States Federal Reserve. Historically, Northeast Urban - Consumer Price Index for All Urban Consumers: Motor Fuel in Northeast reached a record high of 416.15500 in June of 2022 and a record low of 50.10000 in March of 1978. Trading Economics provides the current actual value, an historical data chart and related indicators for Northeast Urban - Consumer Price Index for All Urban Consumers: Motor Fuel in Northeast - last updated from the United States Federal Reserve on July of 2025.

Northeast Urban - Consumer Price Index for All Urban Consumers: Transportation Commodities Less Motor Fuel in Northeast was 132.52900 Index Dec 2009=100 in April of 2025, according to the United States Federal Reserve. Historically, Northeast Urban - Consumer Price Index for All Urban Consumers: Transportation Commodities Less Motor Fuel in Northeast reached a record high of 137.20100 in August of 2022 and a record low of 100.00000 in December of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for Northeast Urban - Consumer Price Index for All Urban Consumers: Transportation Commodities Less Motor Fuel in Northeast - last updated from the United States Federal Reserve on June of 2025.

United States - Consumer Price Index for All Urban Consumers: Transportation Commodities Less Motor Fuel in Northeast - Size Class B/C was 127.42200 Index Dec 2009=100 in July of 2024, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: Transportation Commodities Less Motor Fuel in Northeast - Size Class B/C reached a record high of 130.43800 in July of 2022 and a record low of 101.00700 in January of 2010. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: Transportation Commodities Less Motor Fuel in Northeast - Size Class B/C - last updated from the United States Federal Reserve on July of 2025.

United States - Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class A was 3.73800 Index in May of 2025, according to the United States Federal Reserve. Historically, United States - Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class A reached a record high of 6.24100 in May of 2022 and a record low of 1.09300 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class A - last updated from the United States Federal Reserve on July of 2025.