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Residential Oil Prices Dip $0.04 Per Gallon

Weekly Oil Price Update - May 20th, 2024

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Weekly Oil Price Update - May 20th, 2024Weekly Oil Price Update - May 20th, 2024Weekly Oil Price Update - May 20th, 2024
Over the past week, retail home fuel oil prices dipped 4 cents per gallon. The national average oil price moved from $3.41 on May 13th, 2024 to $3.37 today.

Regional Heating Oil Price Per Gallon Trends
One Week Change (week of 05/13/24 - 05/20/24)
Long Island: $3.21 ↓ DOWN $0.02
New York: $3.36 ↓ DOWN $0.07
Massachusetts: $3.41 ↓ DOWN $0.04
Connecticut: $3.22 ↓ DOWN $0.04

Long Island Residential Heating Oil Price Trends
Average residential oil prices in Long Island fell from $3.23 to $3.21 over the past seven days.
This extends the longer term 30-day trend where Long Island homeowners have seen the price per gallon of home heating oil pull back by 22 cents.

New York Home Heating Oil Price Trends
Average #2 fuel oil prices in New York dipped from $3.43 to $3.36 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 residential heating oil dip by 20 cents.

Massachusetts Oil Price Trends
Average heating oil prices in Massachusetts pulled back from $3.45 to $3.41 over the past seven days.
This continues the longer term 30-day trend where Massachusetts residents have seen the price per gallon of #2 residential heating oil drop by 14 cents.

Connecticut Heating Oil Price Trends
Average #2 heating oil prices in Connecticut dipped from $3.26 to $3.22 over the past seven days.
This extends the longer term 30-day trend where Connecticut homeowners have seen the price per gallon of home fuel oil drop by 19 cents.

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