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Weekly Oil Prices Climb $0.01 Per Gallon

Weekly Oil Price Update - January 22nd, 2024

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Weekly Oil Price Update - January 22nd, 2024
In the last week, retail oil prices rose 1.4 cents per gallon. The national average oil price changed from $3.56 on January 15th, 2024 to $3.57 today.

Regional Heating Oil Price Per Gallon Trends
One Week Change (week of 01/15/24 - 01/22/24)
Long Island: $3.56 ↑ UP $0.02
New York: $3.64 ↓ DOWN $0.00
Massachusetts: $3.67 ↑ UP $0.01
Connecticut: $3.53 ↓ DOWN $0.01

Long Island Heating Oil Price Trends
Average residential heating oil prices in Long Island advanced from $3.54 to $3.56 over the past seven days.
This reverses the longer term 30-day trend where Long Island homeowners have seen the price per gallon of home heating oil drop by 7 cents.

New York #2 Home Fuel Oil Price Trends
Average home heating oil prices in New York hold steady at $3.64 in the last seven days.
Over the longer term, in the last month, New York residents have seen the price per gallon of residential oil dip by 7 cents.

Massachusetts #2 Heating Oil Price Trends
Average heating oil prices in Massachusetts advanced from $3.66 to $3.67 over the past seven days.
This doubles back the longer term 30-day trend where Massachusetts residents have seen the price per gallon of home heating oil dip by 7 cents.

Connecticut Heating Oil Price Trends
Average heating oil prices in Connecticut dropped from $3.54 to $3.53 in the last seven days.
This extends the longer term 30-day trend where Connecticut residents have seen the price per gallon of residential fuel oil drop by 7 cents.

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