Heating Oil Price per Gallon
Heating oil (NYMEX future, USD/gallon).
Heating oil follows crude and refining margins and shows a pronounced winter seasonality. It also serves as a proxy for diesel and distillate demand.Heating oil currently trades at 4.7384 and is +123.4% year to date, +107.8% over twelve months. Within its 52-week range it sits at 84% between the low (2.0600) and high (5.2600).
Data and Charts: Heating Oil
The chart shows daily closing prices and is set to the current year by default. The price is up 123.4% year to date and up 107.8% over twelve months. The last recorded close on October 9, 2026 was at 84% of the 52-week range.
Price series from our database since Jan 3, 2023, 940 daily values.
Performance
| Year to date | +123.4% | 1 month | -1.3% |
|---|---|---|---|
| 3 months | +23.9% | 1 year | +107.8% |
| Calendar year 2024 | -8.4% | ||
| Calendar year 2025 | -8.4% |
Next Events
Technical Analysis: Heating Oil
Risk Metrics
Correlations (90 Trading Days)
| Instrument | r | −1 … +1 |
|---|---|---|
| WTI crude oil | +0.75 | |
| Brent crude oil | +0.73 | |
| Gasoline | +0.70 | |
| PPG Industries Inc. | -0.58 | |
| Franklin Templeton Inc. | -0.57 | |
| Southwest Airlines Co. | -0.57 |
The strongest co-movers are listed at the top, the strongest inverse movers at the bottom. Low or negative correlations can help spread risk more broadly across a portfolio.
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