Heating Oil fell to 2.42 USD/Gal on September 26, 2025, down 0.16% from the previous day. Over the past month, Heating Oil's price has risen 5.61%, and is up 13.59% 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 September of 2025.

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.

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

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Graph and download economic data for No. 2 Heating Oil Prices: New York Harbor (WHOILNYH) from 1986-06-06 to 2025-09-12 about new york harbor, heating, New York, oil, commodities, and USA.

As of 2022, crude oil accounted for a 48 percent share of the price of one gallon of residential heating oil in the United States. By comparison, refinery costs accounted for 15 percent of the price of one gallon of residential heating oil.

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The heating oil market, while facing challenges, presents a robust investment opportunity. Driven by consistent demand in colder climates and a growing preference for reliable and efficient home heating solutions, the market exhibits a stable trajectory. Although the exact market size is not provided, a reasonable estimation considering similar markets and reported CAGRs (assuming a CAGR of 3-5% based on industry trends) would place the 2025 market value at approximately $5 billion USD, with projections suggesting continued growth through 2033. Key market drivers include the ongoing need for reliable home heating, particularly in regions with harsh winters, and the availability of advanced heating oil technologies that improve efficiency and reduce emissions. However, restraints such as environmental regulations promoting cleaner energy sources, fluctuating crude oil prices, and increasing competition from alternative heating solutions like natural gas and heat pumps, pose challenges to sustained rapid growth. Market segmentation is likely to include residential, commercial, and industrial sectors, each with its own unique growth drivers and challenges. The leading companies mentioned (Tevis Energy, Certas Energy, Crown Oil, etc.) are likely competing primarily on pricing, service quality, and efficient supply chain management. The forecast period of 2025-2033 will likely see a shift toward more sustainable heating oil practices and a greater focus on blending and the development of biofuels. Furthermore, regional variations will be significant; regions with colder climates and limited access to natural gas will continue to exhibit stronger demand than those with milder winters and readily available alternatives. Companies that effectively adapt to environmental regulations, enhance supply chain resilience, and invest in advanced technologies will be best positioned for success. A thorough understanding of the evolving regulatory landscape and consumer preferences will be critical for market players looking to secure a leading position. Strategic partnerships and mergers and acquisitions are anticipated in this dynamic market.

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

The heating oil market, while facing challenges from the rise of renewable energy sources, maintains a significant market presence, particularly in regions with limited access to natural gas pipelines. Our analysis indicates a robust market, projected to experience a steady growth trajectory in the coming years. While precise market sizing figures are not provided, a reasonable estimation, based on industry trends and the presence of numerous established players like Tevis Energy, Certas Energy, and others, suggests a multi-billion-dollar market in 2025, with a Compound Annual Growth Rate (CAGR) likely in the low single digits. This slower growth reflects a mature market facing increasing competition from alternative heating solutions. Key drivers include reliable heating in areas underserved by natural gas infrastructure and a strong existing customer base. However, constraints stem from environmental concerns about emissions, stringent regulations promoting cleaner energy alternatives, and fluctuating crude oil prices impacting profitability. Segmentation within the market is likely driven by factors like fuel type (e.g., kerosene, biofuels), customer segment (residential, commercial), and geographic distribution. The market is characterized by a mix of large multinational companies and regional players, fostering competition and innovation in areas like logistics and distribution efficiency. The competitive landscape shows consolidation amongst established players who are investing in enhancing supply chain management and exploring innovative strategies to mitigate the impact of regulatory pressures. This includes potentially investing in carbon capture technologies or exploring partnerships with renewable energy providers to diversify offerings. Regional variations in market dynamics are expected, with areas heavily reliant on heating oil likely experiencing slower declines compared to regions with readily available natural gas alternatives. Continued research into cleaner burning fuels and government policies supporting energy efficiency may influence the future trajectory of the heating oil market, making long-term forecasts contingent on these evolving factors. Further analysis focused on specific regional data and detailed segmentation would provide a more precise and granular market outlook.

The average price of heating oil in France progressed in a volatile manner between the year 2000 and 2016, going from ***** euros to ***** euros per 1,000 liters. The price reached a peak in 2012, when the French end-consumer had to pay almost ***** euros per 1,000 liters of heating oil.

France consumes fewer fossil fuels than Germany

Heating oil is mainly used as a fuel oil for boilers, industrial furnaces or central heating systems. In a survey led by the International Energy Agency in 2016, the residential space heating was responsible for ** percent of the carbon dioxide emissions in France. In Germany, where the average price of heating seems to have progressed in a similar manner as in France, the share of electricity produced from oil, gas and coal sources is much higher than in France. In 2015, ***** percent of the electricity produced in Germany came from fossil fuels, while in France this share amounted to **** percent.

The German consumption of fossil fuels should be reduced along with its Carbon dioxide emissions

Germany’s relative dependence on fossil fuels is also reflected in its emissions of carbon dioxide. Alone in 2016, Germany released around ***** million metric tons of CO2 into the atmosphere. In that same year, France reported ***** million metric tons of CO2. Due to Germany’s energy transformation plan (the so-called Energiewende), the government plans the consumption of fossil fuels should be reduced by ** percent by 2050* in order to reduce sharply the emission generated by this energy source.

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

Extra Light Heating Oil Market Outlook

The global market size for Extra Light Heating Oil (ELHO) was valued at approximately USD 20 billion in 2023 and is projected to reach around USD 28 billion by 2032, reflecting a Compound Annual Growth Rate (CAGR) of 3.8% during the forecast period. A key driver for this growth is the rising demand for efficient and cleaner heating solutions in residential and commercial sectors, coupled with advancements in fuel technology and stricter environmental regulations.

One of the significant growth factors for the Extra Light Heating Oil market is the increasing focus on energy efficiency and reduced emissions. Governments and environmental agencies worldwide are imposing stringent regulations to curb carbon emissions, which is pushing consumers towards cleaner and more efficient heating solutions. ELHO, being a lower sulfur content fuel, is seen as a viable alternative to heavier oils and coal, which are notorious for their high emissions. Additionally, innovations in refining processes are improving the quality of ELHO, making it an even more attractive option for various applications.

Another crucial factor is the rising demand from the residential sector, particularly in colder climates where heating is essential. Consumers are increasingly opting for ELHO due to its cost-effectiveness compared to electric heating and its relatively lower environmental impact. The convenience of modern heating systems that use ELHO, combined with their efficiency, makes them a popular choice for homeowners. Moreover, the volatility in electricity prices is also driving consumers to seek more stable and reliable heating options, further propelling the demand for ELHO.

The commercial and industrial sectors are also contributing to the growth of the ELHO market. These sectors require large volumes of heating oil for various processes and operations, and the efficiency and environmental benefits of ELHO are making it a preferred choice. Industries such as manufacturing, warehousing, and hospitality rely heavily on heating solutions, and the shift towards more sustainable options is boosting the demand for ELHO. Furthermore, the development of advanced heating technologies that are compatible with ELHO is enhancing its adoption in these sectors.

In the context of maintaining the quality and efficiency of Extra Light Heating Oil, the role of a Fuel Oil Ageing Bath becomes crucial. This specialized equipment is used to simulate the ageing process of fuel oils under controlled conditions, providing valuable insights into their long-term stability and performance. By understanding how ELHO behaves over time, manufacturers can enhance refining processes and develop additives that prolong the fuel's shelf life and maintain its combustion efficiency. This is particularly important for large-scale consumers in the commercial and industrial sectors, where consistent fuel quality is essential for operational efficiency.

Regionally, Europe is the largest market for ELHO due to its cold climate and the stringent environmental regulations in place. The region is focused on reducing its carbon footprint and is thus investing heavily in cleaner heating solutions. North America is also a significant market, driven by the demand for efficient heating in residential and commercial buildings. The Asia Pacific region is emerging as a potential market, with growing industrialization and urbanization driving the need for reliable heating solutions. Latin America and the Middle East & Africa are smaller markets but are expected to see steady growth due to their developing economies and increasing focus on energy efficiency.

Type Analysis

The Extra Light Heating Oil market can be segmented by type into Kerosene, Diesel, Biofuels, and Others. Kerosene is a widely used type of ELHO due to its high heat output and relatively lower cost. It is particularly popular in residential heating applications, where it is used in furnaces and space heaters. The efficiency of kerosene as a heating fuel and its easy availability make it a preferred choice for many consumers. However, the environmental impact of kerosene is a concern, and this is leading to a gradual shift towards cleaner alternatives.

Diesel, another popular type of ELHO, is extensively used in both r

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.

Heating Oil TR/CC CRB Spot Market Signals Potential Price Volatility.

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

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).

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.

Heating Oil TR/CC CRB Index Anticipates Seasonal Price Volatility

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

On September 15, 2025, the Brent crude oil price stood at 66.55 U.S. dollars per barrel, compared to 62.64 U.S. dollars for WTI oil and 69.36 U.S. dollars for the OPEC basket. Oil prices rose slightly that week.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 global 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.