What are the heating oil market prices in trading economics based on?

The Heating Oil market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions.

What is US residential heating oil price?

Upgrade now. US Residential Heating Oil Price is at a current level of 3.806, down from 4.01 last week and down from 4.073 one year ago. This is a change of -5.09% from last week and -6.56% from one year ago. In depth view into US Residential Heating Oil Price including historical data from 1990 to 2024, charts and stats.

How much does heating oil cost in the US?

Heating oil prices in the US skyrocketed to a record high for small businesses and other consumers in the last week. New data from the US Energy Information Association shows the average price for a gallon of No. 2 residential heating oil jumped from $4.62 to $5.33 in the last week, a 15% increase.