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Weekly Residential Heating Oil Prices Ascend $0.03 Per Gallon

Weekly Oil Price Update - January 29th, 2024

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Weekly Oil Price Update - January 29th, 2024
In the last week, retail #2 heating oil prices rose 3 cents per gallon. The national average oil price progressed from $3.57 on January 22nd, 2024 to $3.60 today.

Regional Heating Oil Price Per Gallon Trends
One Week Change (week of 01/22/24 - 01/29/24)
Long Island: $3.56 ↓ DOWN $0.00
New York: $3.63 ↑ UP $0.01
Massachusetts: $3.70 ↑ UP $0.03
Connecticut: $3.52 ↑ UP $0.04

Long Island Residential Heating Oil Price Trends
Average #2 heating oil prices in Long Island unchanged at $3.56 in the last seven days.
Over the longer term, in the last month, Long Island homeowners have seen the price per gallon of residential heating oil dip by 12 cents.

New York Home Heating Oil Price Trends
Average heating oil prices in New York ascended from $3.62 to $3.63 over the past seven days.
This reverses the longer term 30-day trend where New York residents have seen the price per gallon of home heating oil dip by 12 cents.

Massachusetts Residential Heating Oil Price Trends
Average #2 heating oil prices in Massachusetts climbed from $3.67 to $3.70 in the last seven days.
This doubles back the longer term 30-day trend where Massachusetts residents have seen the price per gallon of #2 heating oil fall by 12 cents.

Connecticut Home Oil Price Trends
Average home heating oil prices in Connecticut climbed from $3.48 to $3.52 in the last seven days.
This doubles back the longer term 30-day trend where Connecticut residents have seen the price per gallon of home fuel oil pull back by 12 cents.

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