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Weekly Heating Oil Prices: Up 11 Cents From Last Week

By Jill MislinskiCommoditiesJan 11, 2018 12:19AM ET
www.investing.com/analysis/weekly-heating-oil-prices-200279399
Weekly Heating Oil Prices: Up 11 Cents From Last Week
By Jill Mislinski   |  Jan 11, 2018 12:19AM ET
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We've used data based on the Energy Information Administration (EIA), which publishes price data weekly on home heating oil in 38 states by dollar-per-gallon before taxes. Unlike natural gas and electricity, home heating oil is provided by independent retailers.

The latest price of home heating oil nationwide is $3.18, up eleven cents from last week and up fifty cents since the beginning of the season.

EIA's heating oil data is seasonal - from October through March. Here's a look at the series since its inception in 1990.

Weekly US Retail Heating Oil Price Since 1990
Weekly US Retail Heating Oil Price Since 1990

The next chart shows a regional breakdown. As you can see, it's extremely volatile.

Weekly US Retail Heating Oil Price Since 1990
Weekly US Retail Heating Oil Price Since 1990

Another figure the EIA tracks is the residential oil supply. The chart below shows the minimal changes in residential heating oil supply since 1982.

Weekly US Stocks Of Retail Heating Oil
Weekly US Stocks Of Retail Heating Oil

The next chart shows the New York Harbor (NYMEX:HO) spot prices going back to 1986.

New York Harbor Heating Oil Prices
New York Harbor Heating Oil Prices

Check back next week for new data.

Weekly Heating Oil Prices: Up 11 Cents From Last Week
 

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Weekly Heating Oil Prices: Up 11 Cents From Last Week

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