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#2 Fuel Oil Prices Pull Back $0.02 Per Gallon

Weekly Oil Price Update -

Sponsored by: HeatFleet.com Local Heating Oil Deal Search

By Josh Van Niekerk, Ian Patrick

Graph of U.S. heating oil prices from May 20-27, 2024, with a fuel truck. Prices fluctuate slightly around $3.36.
Regional Heating Oil Price Trends
Graph showing the average U.S. home heating oil prices from February to May 2024, declining to $3.36 per gallon.
3 Month Heating Oil Price Trend
Heating oil price trends for CT, MA, NY, and Long Island for the week of May 27, 2024.
7 Day Heating Oil Price Trend
In the last week, retail residential oil prices fell 2 cents per gallon. The national average oil price changed from $3.38 on May 20th, 2024 to $3.36 today.

Regional Heating Oil Price Per Gallon Trends
One Week Change (week of 05/20/24 - 05/27/24)
Long Island: $3.19 ↓ DOWN $0.02
New York: $3.35 ↓ DOWN $0.01
Massachusetts: $3.38 ↓ DOWN $0.03
Connecticut: $3.21 ↓ DOWN $0.02

Long Island Oil Price Trends
Average home oil prices in Long Island dipped from $3.21 to $3.19 over the past seven days.
This continues the longer term 30-day trend where Long Island residents have seen the price per gallon of #2 oil drop by 20 cents.

New York Home Oil Price Trends
Average #2 residential heating oil prices in New York pulled back from $3.36 to $3.35 in the last seven days.
This continues the longer term 30-day trend where New York residents have seen the price per gallon of home oil fall by 20 cents.

Massachusetts #2 Home Heating Oil Price Trends
Average heating oil prices in Massachusetts dipped from $3.41 to $3.38 in the last seven days.
This extends the longer term 30-day trend where Massachusetts residents have seen the price per gallon of home oil drop by 19 cents.

Connecticut Residential Heating Oil Price Trends
Average fuel oil prices in Connecticut dropped from $3.23 to $3.21 in the last seven days.
This continues the longer term 30-day trend where Connecticut residents have seen the price per gallon of #2 fuel oil dip by 13 cents.

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