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Residential Oil Prices Climb $0.01 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 September to December 2024, declining to $3.09 per gallon.
3-Month National Heating Oil Price Trend
(9/16/24 - 12/16/24)
Graph of U.S. heating oil prices from December 9 - December 16, 2024, with a fuel truck. Prices fluctuate slightly around $3.09.
1-Week National Heating Oil Price Trend
(12/9/24 - 12/16/24)
Heating oil price trends for CT, MA, NY, and Long Island for the week of December 9 - December 16, 2024.
1-Week Regional Heating Oil Price Trend
(12/9/24 - 12/16/24)
Over the past week, retail residential oil prices increased 1 cent per gallon. The national average oil price moved from $3.08 on December 9th, 2024 to $3.09 today.

Regional Heating Oil Price Per Gallon Trends
One Week Change (week of 12/09/24 - 12/16/24)
Long Island: $3.08 ↓ DOWN $0.01
New York: $3.17 -- UNCHANGED
Massachusetts: $3.09 -- UNCHANGED
Connecticut: $2.96 ↑ UP $0.01

Long Island Fuel Oil Price Trends
Average #2 residential fuel oil prices in Long Island pulled back from $3.09 to $3.08 in the last seven days.
This doubles back the longer term 30-day trend where Long Island homeowners have seen the price per gallon hold steady at $3.08.

New York Home Heating Oil Price Trends
Average #2 home oil prices in New York hold steady at $3.17 over the past seven days.
Over the longer term, in the last month, New York homeowners have seen the price per gallon of fuel oil advance by 13 cents.

Massachusetts #2 Home Fuel Oil Price Trends
Average residential heating oil prices in Massachusetts unchanged at $3.09 over the past seven days.
Over the longer term, in the last month, Massachusetts homeowners have seen the price per gallon of residential heating oil rise by 5 cents.

Connecticut #2 Residential Fuel Oil Price Trends
Average oil prices in Connecticut advanced from $2.95 to $2.96 over the past seven days.
This extends the longer term 30-day trend where Connecticut residents have seen the price per gallon of #2 oil climb by 6 cents.

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