Residential Oil Prices Climb $0.01 Per GallonWeekly Oil Price Update - December 16th, 2024 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. Sponsored by: HeatFleet.com Local Heating Oil Deal Search By Josh Van Niekerk, Ian Patrick