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Residential Fuel Oil Prices Pull Back $0.03 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 November to February 2025, declining to $3.55 per gallon.
3-Month National Heating Oil Price Trend
(11/3/24 - 2/3/25)
Graph of U.S. heating oil prices from January 27 - February 3, 2025, with a fuel truck. Prices fluctuate slightly around $3.55.
1-Week National Heating Oil Price Trend
(1/27/25 - 2/3/25)
Heating oil price trends for CT, MA, NY, and Long Island for the week of January 27 - February 3, 2025.
1-Week Regional Heating Oil Price Trend
(1/27/25 - 2/3/25)
In the last week, retail fuel oil prices pulled back 3 cents per gallon. The national average oil price progressed from $3.58 on January 27th, 2025 to $3.55 today.

Regional Heating Oil Price Per Gallon Trends
One Week Change (week of 01/27/25 - 02/03/25)
Long Island: $3.56 ↑ UP $0.01
New York: $3.71 ↑ UP $0.03
Massachusetts: $3.61 ↓ DOWN $0.02
Connecticut: $3.51 ↓ DOWN $0.06

Long Island Home Fuel Oil Price Trends
Average heating oil prices in Long Island climbed from $3.55 to $3.56 in the last seven days.
This continues the longer term 30-day trend where Long Island residents have seen the price per gallon of heating oil rise by 26 cents.

New York Home Oil Price Trends
Average residential oil prices in New York climbed from $3.68 to $3.71 over the past seven days.
This continues the longer term 30-day trend where New York homeowners have seen the price per gallon of residential fuel oil ascend by 34 cents.

Massachusetts Home Heating Oil Price Trends
Average residential fuel oil prices in Massachusetts pulled back from $3.63 to $3.61 in the last seven days.
This reverses the longer term 30-day trend where Massachusetts homeowners have seen the price per gallon of #2 residential heating oil increase by 35 cents.

Connecticut Fuel Oil Price Trends
Average residential oil prices in Connecticut pulled back from $3.57 to $3.51 in the last seven days.
This reverses the longer term 30-day trend where Connecticut homeowners have seen the price per gallon of home heating oil climb by 34 cents.

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