Graph and download economic data for No. 2 Heating Oil Prices: New York Harbor (DHOILNYH) from 1986-06-02 to 2025-03-17 about new york harbor, heating, New York, oil, commodities, and USA.

This statistic shows the average annual futures contract 1 price for New York Harbor No.2 heating oil between 1990 and 2019. In 2019, the futures contract 1 price for this fuel came to around 1.94 U.S. dollars per gallon.

Heating Oil decreased 0.05 USD/GAL or 2.13% since the beginning of 2025, 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 March of 2025.

United States - No. 2 Heating Oil Prices: New York Harbor was 1.91400 $ per Gallon in January of 2021, according to the United States Federal Reserve. Historically, United States - No. 2 Heating Oil Prices: New York Harbor reached a record high of 3.02300 in January of 2012 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 March of 2025.

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*.

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 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.

Graph and download economic data for Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in Washington, DC-MD-VA (CBSA) (APUA31572511) from Nov 1978 to Dec 1997 about DC, Washington, fuels, MD, energy, VA, urban, retail, price, and USA.

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)

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 decreased 2.12 USD/BBL or 2.95% since the beginning of 2025, 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 March of 2025.

Brent decreased 0.64 USD/BBL or 0.85% since the beginning of 2025, 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 March of 2025.

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.

Graph and download economic data for Ultra-Low-Sulfur No. 2 Diesel Fuel Prices: New York Harbor (MDFUELNYH) from Jun 2006 to Feb 2025 about new york harbor, diesel, fuels, New York, commodities, and USA.

Graph and download economic data for Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in Size Class A (APUS00072511) from Jan 1987 to Feb 2025 about fuels, energy, retail, price, and USA.

China Settlement Price: Fuel Oil Forward: 180CST: No.2: H18W: SPEX: 2nd M data was reported at 3,426.000 RMB/Ton in Apr 2009. This records an increase from the previous number of 3,045.000 RMB/Ton for Mar 2009. China Settlement Price: Fuel Oil Forward: 180CST: No.2: H18W: SPEX: 2nd M data is updated monthly, averaging 3,440.000 RMB/Ton from Aug 2006 (Median) to Apr 2009, with 33 observations. The data reached an all-time high of 5,217.000 RMB/Ton in Jun 2008 and a record low of 2,307.000 RMB/Ton in Nov 2008. China Settlement Price: Fuel Oil Forward: 180CST: No.2: H18W: SPEX: 2nd M data remains active status in CEIC and is reported by Shanghai Petroleum Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Petroleum Exchange: Price.

On March 24, 2025, the Brent crude oil price stood at 73.05 U.S. dollars per barrel, compared to 69.11 U.S. dollars for WTI oil and 75.11 U.S. dollars for the OPEC basket. These were slight increases compared to the previous weeks, which had seen some of the lowest prices in four years.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 (whereby a contract is agreed upon, while the 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.

Graph and download economic data for Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in the Midwest Census Region - Urban (APU020072511) from Nov 1978 to Jul 2024 about fuels, energy, retail, price, and USA.

In October 2024, the New York Harbor diesel fuel price was approximately 2.22 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 the U.S. state with the highest gas tax.