Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Weekly Heating Oil Prices: Down 2 Cents From Last Week

Published 03/15/2018, 02:25 AM
Updated 07/09/2023, 06:31 AM

We've used data from 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 $3.06, down two cents from last week and up 40 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 Prices 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

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

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

New York Harbor Heating Oil Prices

Check back next week for new data.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.