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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
$76.20
Brent
$79.73
Distillate Stocks
102.301M bbl
Latest Stories Live · refreshes every 30 min
OilPrice.com
The Billion-Dollar Debt Deals Exposing an Oil Giant
Last week, Angola's state oil company, Sociedade Nacional de Combustíveis de Angola (Sonangol), secured a $2.65-billion financing deal with a consortium of international banks to fund the company'…
OilPrice.com
AI Demand, War, and Climate Pressure Push World Back To Nuclear
Global energy markets are in turmoil as energy crises keep piling up. The energy-hungry AI boom, war in Iran, geopolitical instability, and climate pressures are creating a polycrisis for the globa…
OilPrice.com
China's Battery Giant Bets Big on Sodium as Lithium Volatility Persists
The world’s largest battery maker is taking a step back from the eclectic vehicles sector to refocus its efforts on energy storage. China’s Contemporary Amperex Technology Co. Ltd. (better know…
OilPrice.com
The IAEA Faces a New Nuclear Puzzle Inside Iran
Amid an ongoing row between Washington and Tehran over whether international monitors can verify Iranian compliance with its nuclear nonproliferation commitments, former officials have told RFE/RL …
OilPrice.com
US Drillers Add Oil, Gas Rigs As Hormuz Transit Resumes
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to …
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 5:56 am
NE Avg / gallon
$5.58
HO Futures
$3.775
WTI Crude
$76.20
Brent Crude
$79.73
Distillate stocks
102.301M bbl
Price Forecast EIA STEO
June 9, 2026 · Next July 14, 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, June 9, 2026
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