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Oil Prices For Heating Oil Companies In Malden, MA
Updated on March 5, 2026 at 01:06 PM
Malden Homeowner’s Guide to Selecting an Oil Company
For Malden families heating with fuel oil, selecting which of the 151 heating oil companies that serve Malden can drastically impact the cost of home heating.
Full Service Oil Companies: Homeowners who want a “set-it-and-forget-it” heating system pick one of the 74 “full-service” oil companies that serve Malden. Full service companies such as Firemans Fuel or Keohan Fuels & Transportation Inc offer households annual contracts which consist of a combined package of both automatic fuel oil delivery and HVAC repair. With an automatic fuel oil delivery contract, the company tracks your home’s oil consumption and makes deliveries when your tank is running low. The customer does not need to monitor the level of the oil tank or place individual orders.
Discount Oil Companies: Also known by the names “COD Fuel” or “Cash Heating Oil” companies, discount oil companies are for clients who are looking to save money. With discount oil companies, in exchange for lower prices, you monitor the number two heating oil level in your tank, and you place an oil order when you're running low. Some of the 2 Malden cash heating oil companies serving Malden include Ranco Enterpises and Maria's Oil.
Malden Number Two Heating Oil Company Fast Facts: Oil Companies Serving Malden: 151 companies .
Average Number of Malden Houses Served per Fuel Oil company : 17
Malden, MA Heating Oil Trends
Last year, Malden homeowners purchased a total of 4 million gallons of heating oil. Out of the 494 towns in Massachusetts, Malden ranks 26th for home heating oil consumption.
Country-wide, Malden ranks 112nd out of 29,620 towns in America for heating oil consumption.
Short Term Trends
Malden’s overall heating oil usage fluctuates from year to year correlating with how cold it gets each winter. As the temperature outside dips, homes’ boilers need to burn increasing amounts of heating oil to keep the house warm inside. Last winter, the average outside temperature in Malden was 31.0°F, which was 4.4°F colder than the prior winter's average outside temperature.
Malden Average Winter Temperature
| Heating Season | Average Temperature |
|---|---|
| 2024 - 2025 | 31° F |
| 2023 - 2024 | 35.4° F |
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Average Malden Heating Oil Price Trends
Updated on March 2, 2026
| Time Horizon | Price Change |
|---|---|
| 1 Week Trend | +$0.203 |
| 1 Month Trend | +$0.265 |
| 3 Month Trend | +$0.595 |
| 1 Year Trend | +$0.627 |
Average Malden Heating Oil Price History
Updated on March 2, 2026
| Date | Price |
|---|---|
| 03/02/2026 | $4.410 |
| 02/23/2026 | $4.207 |
| 02/16/2026 | $4.214 |
| 02/09/2026 | $4.230 |
| 02/02/2026 | $4.145 |
| 01/26/2026 | $3.980 |
| 01/19/2026 | $3.799 |
| 01/12/2026 | $3.741 |
| 01/05/2026 | $3.757 |
| 12/29/2025 | $3.751 |
| 12/22/2025 | $3.768 |
| 12/15/2025 | $3.806 |
| 12/08/2025 | $3.824 |
| 12/01/2025 | $3.815 |
| 11/24/2025 | $3.847 |
| 11/17/2025 | $3.782 |
| 11/10/2025 | $3.760 |
| 11/03/2025 | $3.631 |
| 10/27/2025 | $3.612 |
| 10/20/2025 | $3.548 |
| 10/13/2025 | $3.561 |
| 10/06/2025 | $3.481 |
| 09/29/2025 | $3.730 |
| 09/22/2025 | $3.673 |
| 09/15/2025 | $3.712 |
| 09/08/2025 | $3.693 |
| 09/01/2025 | $3.691 |
| 08/25/2025 | $3.728 |
| 08/18/2025 | $3.621 |
| 08/11/2025 | $3.672 |
| 08/04/2025 | $3.698 |
| 07/28/2025 | $3.784 |
| 07/21/2025 | $3.890 |
| 07/14/2025 | $3.771 |
| 07/07/2025 | $3.791 |
| 06/30/2025 | $3.651 |
| 06/23/2025 | $3.660 |
| 06/16/2025 | $3.831 |
| 06/09/2025 | $3.526 |
| 06/02/2025 | $3.447 |
| 05/26/2025 | $3.462 |
| 05/19/2025 | $3.537 |
| 05/12/2025 | $3.440 |
| 05/05/2025 | $3.462 |
| 04/28/2025 | $3.665 |
| 04/21/2025 | $3.605 |
| 04/14/2025 | $3.590 |
| 04/07/2025 | $3.541 |
| 03/31/2025 | $3.708 |
| 03/24/2025 | $3.755 |
| 03/17/2025 | $3.783 |
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20 Seconds Can Save Malden Families $1,000+ On Oil Bills Every Year
Propane vs. Natural Gas vs. Heating Oil: Malden Home Heating Fuel Comparison
Families have a variety of fuels to choose from when it comes to heating. Natural Gas is the most popular choice in Malden, used by 16,403 or 61% of homeowners. The next most popular primary heating fuel for Malden homeowners is Electricity, used by 6,375 homes (24%). The other homes are heated with Heating Oil (9%), Propane (3%), Other (2%), and Coal (1%).
Malden Residential Primary Home Heating Fuel (in Number of Households)
| Year | Natural Gas | Propane | Electricity | Oil | Wood | Solar | Other |
|---|---|---|---|---|---|---|---|
| 2025 | 16,403 | 832 | 6,375 | 2,494 | 25 | 43 | 220 |
| 2024 | 16,403 | 816 | 6,097 | 2,647 | 18 | 38 | 211 |
| 2023 | 16,034 | 801 | 6,003 | 2,825 | 11 | 32 | 203 |
| 2022 | 16,038 | 898 | 5,062 | 3,279 | 11 | 30 | 153 |
| 2021 | 15,664 | 1,022 | 4,529 | 3,781 | 12 | 28 | 188 |
| 2020 | 14,301 | 803 | 4,166 | 3,539 | 23 | 24 | 209 |
| 2019 | 13,607 | 688 | 4,203 | 4,076 | 21 | 13 | 222 |
| 2018 | 13,777 | 655 | 4,158 | 4,171 | 33 | 11 | 149 |
| 2017 | 13,544 | 605 | 4,602 | 4,058 | 34 | 0 | 100 |
| 2016 | 13,763 | 498 | 4,340 | 4,275 | 37 | 0 | 78 |
| 2015 | 13,641 | 418 | 4,313 | 4,348 | 55 | 0 | 77 |
| 2014 | 13,255 | 375 | 4,015 | 4,947 | 50 | 0 | 76 |
| 2013 | 13,146 | 307 | 3,895 | 5,316 | 30 | 56 | 63 |
| 2012 | 12,931 | 313 | 3,584 | 5,691 | 31 | 55 | 102 |
| 2011 | 12,565 | 453 | 3,775 | 6,294 | 34 | 46 | 109 |
Heating Oil (Fuel Oil) Use in Malden
Number two heating oil has become less popular in Malden. In the 9 years since 2016, the number of households using oil fell from 4,275 to 2,494, a 42% drop.
Propane vs. Natural Gas use for home heating in Malden
Between 2016 and today, the number of houses using propane as the primary space heating fuel jumped from 498 to 832, a 67% change. Comparing 2016 and today, the number of homes using natural gas as the primary space heating fuel rose from 13,763 to 16,403, a 19% change.
Electricity use for home heating in Malden
Electric heat pump systems for home heating are more popular in Malden. Since 2016, the number of homes heating with electricity shot up from 4,340 to 6,375, a 47% change.
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Malden, MA Heating Oil Delivery Map

Malden Heating Oil Delivery Overview
2,494 homes in Malden heat their homes with heating oil. This makes oil delivery essential, especially when Malden temperatures drop as low as 25.5° F each winter. 9% of Malden families are reliant on number two heating oil delivery each winter.
9% of Malden, MA Households Rely On Heating Oil Delivery Each Winter
| Malden, MA Households | Malden, MA Heating Oil Households |
|---|---|
| 26,762 | 2,494 |
151 Malden Fuel Oil Companies Go The Distance
With 582,115,837.988 gallons of oil delivered to Malden households last winter, the Malden community relies on its 151 oil companies when temperatures dip. Oil delivery can be summed up in two steps: First, an oil truck picks up oil at the nearest bulk fuel terminal (also known as a “rack”). In the case of Malden, two of the closest terminals are Sprague W in Springfield, MA and Buckeye in Springfield, MA. Then, the truck delivers the oil to residences and companies throughout Malden and the surrounding region.