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Weekly Oil Prices Ascend 2.9 Cents Per Gallon

Weekly Oil Price Update -

Sponsored by: HeatFleet.com Local Heating Oil Deal Search

By Josh Van Niekerk, Ian Patrick

Graph showing the average U.S. home heating oil prices from October to January 2024, declining to $3.55 per gallon.
3 Month Heating Oil Price Trend
In the last week, retail heating oil prices increase 2.9 cents per gallon. The national average oil price changed from $3.52 on January 8th, 2024 to $3.55 today.

Regional Heating Oil Price Per Gallon Trends
Week of 01/08/24 - 01/15/24
Average 1 Week
Today Change
Long Island $3.53 ↑ $0.05
New York $3.63 ↑ $0.03
Massachusetts $3.64 ↑ $0.01
Connecticut $3.53 ↑ $0.02

Long Island #2 Residential Oil Price Trends
Average residential oil prices in Long Island advanced from $3.48 to $3.53 In the last seven days.
This reverses the longer term 30 day trend where Long Island residents have seen the price per gallon of residential oil dip by 6 cents.

New York Oil Price Trends
Average home oil prices in New York increased from $3.60 to $3.63 Over the past seven days.
This doubles back the longer term 30 day trend where New York homeowners have seen the price per gallon of heating oil fall by 6 cents.

Massachusetts Heating Oil Price Trends
Average #2 fuel oil prices in Massachusetts ascended from $3.63 to $3.64 In the last seven days.
This doubles back the longer term 30 day trend where Massachusetts residents have seen the price per gallon of residential heating oil drop by 6 cents.

Connecticut Oil Price Trends
Average residential heating oil prices in Connecticut increased from $3.51 to $3.53 In the last seven days.
This reverses the longer term 30 day trend where Connecticut residents have seen the price per gallon of heating oil pull back by 6 cents.

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