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  1. 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.

  2. 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.

  3. Mar 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. In depth view into US Residential Heating Oil Price including historical data from 1990 to 2024, charts and stats.

    Date
    Value
    June 10, 2024
    3.663
    May 13, 2024
    3.806
    April 08, 2024
    4.01
    March 25, 2024
    4.034
    • Energy
    • Weekly Heating Oil and Propane Prices
    • United States
    • Energy Information Administration
    • Canadian Crude Oil Production Increases to Meet Domestic and Global Demand
    • Higher Production of Refined Petroleum Products Continues
    • Natural Gas Production Increases, Inventories Continue to Decline
    • Electricity Generation Up Slightly Year Over Year
    • Coal Production and Exports Continue to Decline
    • Energy Production on The Rise in The First Quarter of 2022
    • Contact Information

    In March, production of crude oil and equivalent products was up 2.3% to 24.2 million cubic metres. This was the second consecutive monthly year-over-year gain as the global crude oil market faced ongoing uncertainty in reaction to the war in Ukraine. The overall increase was driven by oil sands extraction, up 1.8% in March to 15.7 million cubic me...

    In March, production of finished petroleum products rose 7.6% to 9.8 million cubic metres, marking the fifth consecutive monthly year-over-year increase, as demand for refined products continued to rise. Production of finished motor gasoline was up 13.0% to 3.1 million cubic metres. Likewise, production of jet fuel rose 51.7% to 0.4 million cubic m...

    Production of marketable natural gas in Canada increased 7.2% year over year in March to 639.0 million gigajoules. This was the highest monthly production level recorded since the beginning of this series in January 2016, and the 12th consecutive month of year-over-year production increases. Alberta accounted for the bulk of natural gas production ...

    Electricity generation in Canada edged up 0.1% year over year to 56.7 million megawatt-hours (MWh) in March, following a 1.7% decline in February. Compared with March 2021, total hydroelectricity generation declined 0.2% in March to 35.4 million MWh. However, hydroelectricity continued to be the single largest contributor to Canadian electricity ge...

    In March, total coal production was 3.0 million metric tonnes, down 25.9% compared with March 2021, and the fifth consecutive monthly decline. Coal exports also declined compared with March 2021, down 13.1% to 2.5 million tonnes, which represented 85.2% of total monthly production. Coke production declined 17.8% year over year to 147.7 million tonn...

    In the first quarter of 2022, several Canadian provinces and territories relaxed or removed COVID-19 restrictions, contributing to an increase in the production and trade of energy products. In addition, the first quarter also saw geopolitical tensions escalate into war as Russia invaded Ukraine in February 2022. These tensions contributed to signi...

    For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).

    • Production of crude bitumen and synthetic crude oil. According to the Raw Materials Price Index, the price of crude oil and bitumen was up 16.4% from December 2021, the smallest year-over-year rise since energy prices started to increase sharply that year.
    • Production of finished motor gasoline and kerosene-type jet fuel. Production of renewable fuels was down 2.3% in December. Non-ethanol renewable fuels fell 10.5% compared with December 2021, while ethanol (-0.1%) was relatively unchanged.
    • Production and export of natural gas. Amidst high levels of demand, prices were 30.8% higher in December compared with December 2021, according to the natural gas price index, but were unchanged compared with November 2022.
    • Exports of electricity from Manitoba. Meanwhile, British Columbia's exports to the United States fell 46.1% compared with December 2021 as a result of decreasing exports to California.
  4. Weekly heating oil and propane prices are only collected during the heating season, which extends from October through March. From April through September, heating oil and propane prices are collected once a month (the second Monday of the month) and published the following week.

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  6. May 5, 2022 · Despite the increase, primary energy production was 3.3% below February 2020 levels, the last pre-COVID -1 9 pandemic month in Canada. Production of natural gas advanced 9.2% and crude oil increased 4.5%, compared with February 2021. Electricity production also increased a modest 0.4% in February.

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