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Oil Prices Fall $0.02 Per Gallon

Weekly Oil Price Update -

Sponsored by: HeatFleet.com Local Heating Oil Deal Search

By Paul Sebastian

Graph showing the average U.S. home heating oil prices from February to May 2024, declining to $3.42 per gallon.
U.S. Weekly Heating Oil Trend
Heating oil price trends for CT, MA, NY, and Long Island for the week of May 13, 2024.
Heating Oil Best Prices
Graph of U.S. heating oil prices from May 6-13, 2024, with a fuel truck. Prices fluctuate slightly around $3.42.
U.S. Home Heating Oil
Over the past week, retail fuel oil prices dipped 2 cents per gallon. The national average oil price moved from $3.44 on May 6th, 2024 to $3.42 today.

Regional Heating Oil Price Per Gallon Trends
One Week Change (week of 05/06/24 - 05/13/24)
Long Island: $3.23 ↓ DOWN $0.06
New York: $3.43 ↓ DOWN $0.03
Massachusetts: $3.46 ↓ DOWN $0.02
Connecticut: $3.27 ↓ DOWN $0.02

Long Island Residential Heating Oil Price Trends
Average residential heating oil prices in Long Island dropped from $3.29 to $3.23 in the last seven days.
This continues the longer term 30-day trend where Long Island residents have seen the price per gallon of residential fuel oil fall by 25 cents.

New York Heating Oil Price Trends
Average fuel oil prices in New York dipped from $3.46 to $3.43 in the last seven days.
This extends the longer term 30-day trend where New York residents have seen the price per gallon of #2 heating oil dip by 17 cents.

Massachusetts Home Fuel Oil Price Trends
Average #2 heating oil prices in Massachusetts pulled back from $3.48 to $3.46 in the last seven days.
This extends the longer term 30-day trend where Massachusetts homeowners have seen the price per gallon of oil fall by 11 cents.

Connecticut Oil Price Trends
Average #2 residential fuel oil prices in Connecticut fell from $3.29 to $3.27 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 pull back by 24 cents.

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