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HEATING OIL FUTURES |WTI CRUDE |BRENT CRUDE |NATURAL GAS |NE AVG HOME HEATING OIL /gal

Heating Oil News

Real-time news from EIA, Reuters, OilPrice.com & more · Updated every 30 min

NE Average
$5.58/gal
HO Futures
$3.775
WTI Crude
$81.97
Brent
$89.16
Distillate Stocks
102.301M bbl
Latest Stories Live · refreshes every 30 min
OilPrice.com
Iran’s Tanker Blacklist Raises New Risks for Gulf Oil
Three Indian refining companies and “a global energy major” will stop using tankers included in a black list that Iran issued earlier on Sunday in response to U.S. sanctions, Reuters has report…
OilPrice.com
Oil Prices Fall as Iran-Oman Talks Fuel Hopes of Strait Reopening
Crude oil prices dipped earlier today following news reports about Iran and Oman renewing their talks about joint management of the Strait of Hormuz, as those reports were taken to mean the waterwa…
OilPrice.com
Big Oil Is Betting Billions On Nuclear Fusion
After decades confined largely to laboratories, nuclear fusion is beginning to attract the kind of money and industrial planning normally reserved for technologies expected to make it onto the grid…
OilPrice.com
The U.S. Power Play in Iraq That Moscow and Beijing Didn’t See Coming
As Russia remains occupied with its war in Ukraine, Iran focuses on defending its territory against U.S. and Israeli attacks, and China maintains its involvement in both conflicts under the bar tha…
OilPrice.com
SPR Sinks Toward Operational Minimum as U.S. Crude Inventories Build
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.2 million barrels in the week ending August 21. Analysts had expected a 1.9 million-barrel…
CheapHeatingOil OUR GUIDE
Best Time of Year to Buy Heating Oil (And How Much You Can Save)
Heating oil prices follow a predictable seasonal pattern. Learn exactly when to buy heating oil to save 20-40…
CheapHeatingOil OUR GUIDE
Home Heating Oil Delivery: What to Expect and How It Works
How does heating oil delivery work? Everything Northeast homeowners need to know about ordering, delivery windows, what happens…
CheapHeatingOil OUR GUIDE
How to Replace Your Oil Furnace
How to Replace Your Oil Furnace (Beginner’s Guide for Homeowners) Replacing an oil furnace is a major home…
CheapHeatingOil OUR GUIDE
How to Buy Heating Oil at the Best Price
How to Buy Heating Oil at the Best Price (Complete Guide) If you heat your home with oil,…
Live Market Data Updated 7:46 am
NE Avg / gallon
$5.58
HO Futures
$3.775
WTI Crude
$81.97
Brent Crude
$89.16
Distillate stocks
102.301M bbl
Price Forecast EIA STEO
August 11, 2026 · Next September 8, 2026
Short-Term Outlook
Q2 2026
Brent above $95/bbl
Strait of Hormuz risk premium
▲ Upward pressure
Q3 2026
Brent ~$80/bbl
Easing as supply gradually resumes
▼ Declining
Q4 2026
Brent ~$70/bbl
Inventory builds weigh on price
▼ Declining
Spring '26
HO demand easing
Off-season buying opportunity
▼ Declining
Winter '26
NE supply risk
Low distillate inventory
▲ Upward pressure
Brent Crude Avg $/bbl
2025
$74/b
2026
$91/b
2027
$64/b
NE Heating Oil Risk: Elevated
Distillate inventories forecast at multi-year lows through 2026 due to refinery closures. Supply disruptions could push NE heating oil prices higher during peak demand.
Source: EIA Short-Term Energy Outlook, August 11, 2026
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CheapHeatingOil
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