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Heating oil - data, forecasts, historical chart - was last updated on July 6 of 2024. Heating Oil increased 0.12 USD/GAL or 4.88% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Heating Oil Prices - 30 Year Historical Chart. 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. The current price of heating oil as of July 01, 2024 is 2.48 per gallon.
YearAverageclosing PriceYear OpenYear High2024$2.55$2.47$2.882023$2.68$2.96$3.412022$3.57$2.25$5.152021$1.91$1.36$2.45Oct 13, 2023 · What are the main components of the price of heating oil? The main cost components of the retail heating oil price for residential consumers are the: Cost of crude oil for refiners; Cost for refiners to produce heating oil; Costs to market, distribute, and deliver heating oil to consumers
Jun 8, 2022 · Analysis. Why high oil prices aren't creating an economic boom in Canada. Typically that discount is about $10-$15 US a barrel, but recent events have pushed the gap to beyond $20. That's the...
Nov 17, 2023 · In the U.S., it’s widely used in the southern states, where heating needs are generally lower. In Canada, provinces like Quebec and Manitoba, which have abundant hydroelectric power, rely heavily on electricity for heating. Heating oil: This is more common in the Northeastern United States and Atlantic Canada, where other forms of heating ...
WHAT DRIVES CRUDE OIL PRICES? An analysis of 7 factors that influence oil markets, with chart data updated monthly and quarterly
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How much does heating oil cost per gallon?
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Nearly all of the heating oil consumed in the United States is produced from crude oil. However, some heating oil suppliers offer heating oil blends of petroleum distillate and biofuels to consumers.