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Residential Oil Prices Pull Back $0.06 Per Gallon

Weekly Oil Price Update - May 6th, 2024

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Weekly Oil Price Update - May 6th, 2024Weekly Oil Price Update - May 6th, 2024Weekly Oil Price Update - May 6th, 2024
In the last week, retail home heating oil prices dropped 6 cents per gallon. The national average oil price moved from $3.52 on April 29th, 2024 to $3.46 today.

Regional Heating Oil Price Per Gallon Trends
One Week Change (week of 04/29/24 - 05/06/24)
Long Island: $3.29 ↓ DOWN $0.10
New York: $3.47 ↓ DOWN $0.08
Massachusetts: $3.50 ↓ DOWN $0.07
Connecticut: $3.30 ↓ DOWN $0.04

Long Island #2 Heating Oil Price Trends
Average residential heating oil prices in Long Island pulled back from $3.39 to $3.29 in the last seven days.
This extends the longer term 30-day trend where Long Island homeowners have seen the price per gallon of home heating oil dip by 26 cents.

New York Oil Price Trends
Average #2 home fuel oil prices in New York pulled back from $3.55 to $3.47 in the last seven days.
This continues the longer term 30-day trend where New York homeowners have seen the price per gallon of #2 home oil drop by 18 cents.

Massachusetts Residential Heating Oil Price Trends
Average #2 home heating oil prices in Massachusetts fell from $3.57 to $3.50 over the past seven days.
This continues the longer term 30-day trend where Massachusetts residents have seen the price per gallon of #2 home heating oil fall by 15 cents.

Connecticut #2 Home Heating Oil Price Trends
Average #2 residential heating oil prices in Connecticut dropped from $3.34 to $3.30 in the last seven days.
This continues the longer term 30-day trend where Connecticut residents have seen the price per gallon of oil pull back by 23 cents.

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