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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.
Canadian consumers were confronted with higher prices in 2021, including for everyday necessities, such as food (+2.5%), transportation (+7.2%) and shelter (+3.9%). The most recent monthly data shows a 12-month increase of 7% in August 2022, following a 7.6% increase in July.
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$2.45Mar 18, 2024 · US Residential Heating Oil Price is at a current level of 3.663, down from 3.806 last week and down from 4.073 one year ago. This is a change of -3.76% from last week and -10.07% from one year ago.
DateValueJune 10, 20243.663May 13, 20243.806April 08, 20244.01March 25, 20244.034- Energy
- Weekly Heating Oil and Propane Prices
- United States
- Energy Information Administration
Aug 14, 2023 · However, in 2022, because energy prices were high, energy trade between the United States and Canada totaled $190 billion when adjusted for inflation, compared with $134 billion in 2021 and $178 billion in 2008. Energy trade value is the combined value of energy imports and exports between two countries.
Oct 13, 2023 · 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.
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Jul 7, 2023 · U.S. residential heating oil prices averaged 16% lower than last winter but ended higher