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Oil Prices Dip $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 August 19-26, 2024, with a fuel truck. Prices fluctuate slightly around $3.16.
7 Day Heating Oil Price Trend
Heating oil price trends for CT, MA, NY, and Long Island for the week of August 26, 2024.
Regional Heating Oil Price Trends
Graph showing the average U.S. home heating oil prices from May to August 2024, declining to $3.16 per gallon.
3 Month Heating Oil Price Trend
Over the past week, retail #2 fuel oil prices fell 2 cents per gallon. The national average oil price progressed from $3.18 on August 19th, 2024 to $3.16 today.

Regional Heating Oil Price Per Gallon Trends
One Week Change (week of 08/19/24 - 08/26/24)
Long Island: $2.98 ↓ DOWN $0.01
New York: $3.13 ↓ DOWN $0.02
Massachusetts: $3.16 ↓ DOWN $0.02
Connecticut: $2.97 ↓ DOWN $0.02

Long Island #2 Heating Oil Price Trends
Average residential oil prices in Long Island pulled back from $2.99 to $2.98 in the last seven days.
This extends the longer term 30-day trend where Long Island residents have seen the price per gallon of home heating oil dip by 14 cents.

New York Heating Oil Price Trends
Average #2 heating oil prices in New York pulled back from $3.15 to $3.13 in the last seven days.
This extends the longer term 30-day trend where New York residents have seen the price per gallon of residential heating oil pull back by 14 cents.

Massachusetts #2 Heating Oil Price Trends
Average heating oil prices in Massachusetts dropped from $3.18 to $3.16 over the past seven days.
This extends the longer term 30-day trend where Massachusetts homeowners have seen the price per gallon of #2 oil dip by 8 cents.

Connecticut #2 Residential Fuel Oil Price Trends
Average home heating oil prices in Connecticut dipped from $2.99 to $2.97 over the past seven days.
This extends the longer term 30-day trend where Connecticut homeowners have seen the price per gallon of residential oil fall by 16 cents.

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