Heating Oil rose to 2.35 USD/Gal on December 2, 2025, up 0.21% from the previous day. Over the past month, Heating Oil's price has fallen 2.25%, but it is still 6.31% higher 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 December of 2025.

View weekly updates and historical trends for New England Residential Heating Oil Price. from United States. Source: Energy Information Administration. Tr…

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.

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.

As of the third quarter of 2025, oil prices in the United Kingdom stood at 68.1 dollars per barrel, with prices expected to fall to 65 dollars a barrel in the fourth quarter of the year.

View weekly updates and historical trends for US Residential Heating Oil Price. from United States. Source: Energy Information Administration. Track econo…

Heating Oil Stocks in the United States increased to 57 Thousand Barrels in November 21 from -494 Thousand Barrels in the previous week. This dataset provides - United States Heating Oil Stocks - actual values, historical data, forecast, chart, statistics, economic calendar and news.

View weekly updates and historical trends for Connecticut Residential Heating Oil Price. from United States. Source: Energy Information Administration. Tr…

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).

Explore insights from Market Research Intellect's Home Heating Oil Market Report, valued at USD 23.5 billion in 2024, expected to reach USD 30.2 billion by 2033 with a CAGR of 4.2% during 2026-2033.Uncover opportunities across demand patterns, technological innovations, and market leaders.

View weekly updates and historical trends for Pennsylvania Residential Heating Oil Price. from United States. Source: Energy Information Administration. T…

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Fuel Oil Market size was valued at USD 189.66 Billion in 2024 and is projected to reach USD 271.99 Billion by 2031, growing at a CAGR of 4.61% from 2024 to 2031.

The Fuel Oil Market is driven by several factors, including its widespread use in various industrial applications such as power generation, marine transportation, and industrial heating. In regions with colder climates, fuel oil remains a significant source of heating for residential and commercial buildings. Additionally, the availability and relatively lower cost of fuel oil compared to other fuels contribute to its continued use in certain sectors. However, the market faces challenges from the increasing adoption of cleaner energy sources, such as natural gas and renewable energy, and stringent environmental regulations aimed at reducing emissions.

View weekly updates and historical trends for Maine Residential Heating Oil Price. from United States. Source: Energy Information Administration. Track ec…

Heating Oil Market Outlook

According to our latest research, the global heating oil market size reached USD 30.6 billion in 2024, demonstrating steady demand across both developed and emerging economies. The market is expected to grow at a CAGR of 3.4% from 2025 to 2033, reaching a projected value of USD 41.6 billion by 2033. Key growth factors include the ongoing modernization of heating systems, rising demand for efficient heating solutions in colder regions, and the gradual shift toward bio-based and low-sulfur alternatives. As per our comprehensive analysis, the heating oil market is poised for moderate yet stable expansion, driven by evolving regulatory frameworks and technological advancements in fuel efficiency.

One of the primary drivers propelling the heating oil market is the persistent need for reliable and efficient heating solutions in regions with harsh winters, particularly in North America and Europe. Residential and commercial buildings in these areas rely heavily on heating oil due to its high energy content and cost-effectiveness compared to other fuels. Furthermore, ongoing investments in infrastructure upgrades and retrofitting of older heating systems have contributed to sustained market demand. As governments implement stricter energy efficiency standards, there is a marked trend toward the adoption of advanced boilers and burners that maximize heating oil utilization, thereby enhancing overall system performance and reducing emissions.

Another significant growth factor is the increasing adoption of bio heating oil and low-sulfur variants, which address both environmental concerns and regulatory requirements. The transition toward cleaner and renewable energy sources is accelerating, supported by government incentives and heightened consumer awareness regarding carbon footprints. Bio heating oil, derived from renewable sources such as vegetable oils and animal fats, is gaining popularity as a sustainable alternative to traditional petroleum-based heating oils. This shift is not only helping end-users comply with environmental regulations but also providing new opportunities for market players to diversify their product portfolios and capture emerging market segments.

Technological advancements in heating oil storage, distribution, and combustion systems further bolster market growth. Innovations such as smart thermostats, remote monitoring, and automated fuel delivery services are enhancing user convenience and operational efficiency. Moreover, the integration of digital technologies in supply chain management is optimizing inventory levels and reducing delivery lead times, resulting in cost savings for both suppliers and consumers. These technological improvements, coupled with ongoing research and development efforts, are expected to drive market expansion and foster greater adoption of heating oil across various end-user segments.

From a regional perspective, North America and Europe collectively account for the largest share of the heating oil market, owing to their well-established heating infrastructure and cold climate conditions. In contrast, the Asia Pacific region is witnessing gradual market penetration, primarily driven by rural electrification programs and the replacement of traditional biomass fuels with more efficient heating oil solutions. Latin America and the Middle East & Africa represent smaller but steadily growing markets, as rising urbanization and industrialization spur demand for reliable heating options. Regional differences in climate, energy policies, and consumer preferences play a crucial role in shaping market dynamics and competitive strategies.

Type Analysis

The heating oil market is segmented by type into kerosene, gas oil, bio heating oil, and others, each catering to distinct applications and regulatory requirements. Kerosene has traditionally been a preferred choice for residential heating due to its high energy density and clean-burning properties. Its widespread availability and compatibility with existing heating systems make it a staple in many cold-climate regions. However, concerns over emissions and volatility in crude oil prices have led to fluctuating demand, prompting end-users to explore alternative options such as gas oil and bio heating oil. Despite these challenges, kerosene maintains a significant market share, particularly in rural and remote areas where infrastructure for natural gas or electricity is limited.

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 to See Seasonal Price Dip, Experts Predict

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

View weekly updates and historical trends for New Jersey Residential Heating Oil Price. from United States. Source: Energy Information Administration. Tra…

The global heating oil additives market size was valued at more than USD 6.23 billion in 2025 and is expected to register a CAGR of over 4.8%, exceeding USD 9.96 billion revenue by 2035, driven by Rising Production of Diesel Across the Globe

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