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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.
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Heating Oil rose to 2.28 USD/Gal on August 7, 2025, up 0.91% from the previous day. Over the past month, Heating Oil's price has fallen 6.47%, and is down 3.09% 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 3 price for New York Harbor No.2 heating oil between 1990 and 2019. In 2019, the futures contract 3 price for this fuel came to 1.94 U.S. dollars per gallon.
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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.
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.
This statistic represents the New York Harbor No. 2 heating oil spot prices between 1990 and 2016. In 1990, the price for New York Harbor No.2 heating oil came to 0.69 U.S. dollars per gallon. All prices are Free On Board prices*.
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Graph and download economic data for Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in U.S. City Average (APU000072511) from Nov 1978 to Jun 2025 about fuels, energy, retail, price, and USA.
This statistic shows the change in the price of domestic heating oil per liter in selected countries for the period between June 2019 and June 2020. In June 2020, the domestic heating oil price in Germany was some 27.7 percent lower than in June 2019.
Domestic heating oil
The price of domestic heating oil per liter has decreased in many countries. In the United Kingdom, prices dropped by 24.8 percent, while in Canada, prices dropped by 25.5 percent. In the United States, winter heating oil prices increased from 2.06 U.S. dollars per gallon in 2015/2016 during the oil glut years, to 3.07 U.S. dollars per gallon in 2019/20. Domestic heating oil is used for the heating of domestic homes. It is a liquid petroleum product. It is often delivered to homes by a tank truck and stored in above-ground storage tanks. In the United States, this type of oil is known as No. 2 heating oil and prices are tracked by the Department of energy. However, in new single-family houses, use of heating oil in the U.S. is rather uncommon, accounting for less than 0.5 percent of the heating type share since 2013.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 176.47(USD Billion) |
MARKET SIZE 2024 | 180.85(USD Billion) |
MARKET SIZE 2032 | 220.0(USD Billion) |
SEGMENTS COVERED | Heating System Type ,Grade of Oil ,Sales Channel ,Application ,Additives ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rising energy demand stricter regulations technological advancements geopolitical influence and fluctuating crude oil prices |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Repsol S.A. ,Saudi Aramco ,Petrobras ,Eni S.p.A. ,Marathon Petroleum Corporation ,ExxonMobil ,Phillips 66 ,Chevron Corporation ,Shell plc ,Sinopec Group ,PetroChina Company Limited ,TotalEnergies ,BP plc ,ConocoPhillips ,Valero Energy Corporation |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Growing demand for sustainable heating solutions Increasing energy prices Government incentives for alternative heating systems Technological advancements in oil heating systems Expansion into emerging markets |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 2.48% (2025 - 2032) |
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The Fuel Retailers industry in Mexico includes companies that sell fuels, such as gasoline and diesel, diaphanous oil, charcoal and firewood, liquid petroleum gas and natural gas to a variety of downstream residential and commercial clients. The majority of industry revenue is derived from the sale of propane, which accounts for nearly half industry revenue in 2019. The sale of heating oil is also important to the success of the industry, comprising nearly one-third of all revenue in 2019. During the current five-year period, the industry has declined considerably on account of low energy prices. Typically, industry revenue tends to follow movements in the price of crude oil and natural gas, which determine the selling price of fuels. The world price of crude oil is projected to decline at an annualized rate of 7.0% over the five years to 2019, while the world price of natural gas is expected to fall an annualized 9.7% during the same period. Consequently, industry revenue is expected to contract at an annualized rate of 3.0% over the five years to 2019. In 2019 alone, industry revenue is expected to fall an additional 0.5% to MXN$557.2 billion. As a result, the overall industry landscape has stagnated. IBISWorld projects that the total number of companies operating in the industry will rise at an annualized rate of 0.3% to 11,486 enterprises over the five years to 2019. During the same period, total wages are expected to decline at an annualized rate of 3.1% to $MXN12.1 billion.
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China Settlement Price: Fuel Oil Forward: 180CST: No.2: H18W: SPEX: Second Month data was reported at 3,426.000 RMB/Ton in 17 Apr 2009. This records a decrease from the previous number of 3,430.000 RMB/Ton for 16 Apr 2009. China Settlement Price: Fuel Oil Forward: 180CST: No.2: H18W: SPEX: Second Month data is updated daily, averaging 3,486.500 RMB/Ton from Aug 2006 (Median) to 17 Apr 2009, with 648 observations. The data reached an all-time high of 5,528.000 RMB/Ton in 15 Jul 2008 and a record low of 2,153.000 RMB/Ton in 05 Dec 2008. China Settlement Price: Fuel Oil Forward: 180CST: No.2: H18W: SPEX: Second Month data remains active status in CEIC and is reported by Shanghai Petroleum Exchange. The data is categorized under High Frequency Database’s Commodity Prices and Futures – Table CN.ZB: Shanghai Petroleum Exchange: Price: Daily.
This dataset contains information about Daily Diesel Spot Price from 1996.Data collected from US Energy Information Administration.Notes:Ultra-Low-Sulfur No. 2 Diesel FuelNo. 2 Diesel Fuel: A gasoil type distillate for use in high speed diesel engines generally operated under uniform speed and load conditions, with distillation temperatures between 540-640 degrees Fahrenheit at the 90-percent recovery point; and the kinematic viscosities between 1.9-4.1 centistokes at 100 degrees Fahrenheit as defined in ASTM specification D975-93. Includes Type R-R diesel fuel used for railroad locomotive engines, and Type T-T for diesel-engine trucks.For pricing data: Ultra-Low Sulfur or On-Highway Diesel Fuel is No. 2 diesel fuel which has a sulfur level less than or equal to 15 ppm (parts per million); Low Sulfur Diesel Fuel is No. 2 diesel fuel which has a sulfur level greater than 15 and less than or equal to 500 ppm; and High Sulfur refers to No. 2 distillate (either diesel or fuel oil) which has a sulfur level greater than 500 ppm.Includes: New York Harbor Ultra-Low Sulfur No 2 Diesel Spot Price (Dollars per Gallon)2. U.S. Gulf Coast Ultra-Low Sulfur No Diesel Spot Price (Dollars per Gallon)Los Angeles, CA Ultra-Low Sulfur CARB Diesel Spot Price (Dollars per Gallon)
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Graph and download economic data for Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: Los Angeles (WDFUELLA) from 1996-04-19 to 2025-08-01 about diesel, Los Angeles, fuels, CA, commodities, and USA.
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Request an accessible format.For enquiries concerning this table contact: energyprices.stats@energysecurity.gov.uk
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Graph and download economic data for Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: New York Harbor (DDFUELNYH) from 2006-06-14 to 2025-08-04 about new york harbor, diesel, fuels, New York, commodities, and USA.
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.
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Crude Oil fell to 64.33 USD/Bbl on August 7, 2025, down 0.03% from the previous day. Over the past month, Crude Oil's price has fallen 5.86%, and is down 15.57% 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.
In April 2025, the New York Harbor diesel fuel price was approximately 2.13 U.S. dollars per gallon. This was notably lower than the price recorded the previous year and a result of lower crude oil prices. The spot prices of Los Angeles, California ultra-low-sulfur No. 2 diesel fuel tended to be the highest in the period shown. California drivers experience some of the country's highest gasoline and diesel prices as it is among the U.S. states with the highest gas tax.
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United States Refiner Price: End User: EIA: Number 2 Distillate: Fuel Oil data was reported at 2.499 USD/gal in Aug 2018. This records an increase from the previous number of 2.436 USD/gal for Jul 2018. United States Refiner Price: End User: EIA: Number 2 Distillate: Fuel Oil data is updated monthly, averaging 0.869 USD/gal from Jan 1983 (Median) to Aug 2018, with 419 observations. The data reached an all-time high of 3.939 USD/gal in Jul 2008 and a record low of 0.384 USD/gal in Jul 1986. United States Refiner Price: End User: EIA: Number 2 Distillate: Fuel Oil data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P002: Energy Price.
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United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: New York Harbor was 2.42600 $ per Gallon in January of 2024, according to the United States Federal Reserve. Historically, United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: New York Harbor reached a record high of 3.72000 in January of 2022 and a record low of 1.24600 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: New York Harbor - last updated from the United States Federal Reserve on July of 2025.
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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.