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Heating Oil News

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

NE Average
$6.04/gal
HO Futures
$4.71
WTI Crude
$92.28
Brent
$104.97
Distillate Stocks
102.301M bbl
Latest Stories Live · refreshes every 30 min
OilPrice.com
Wall Street Sees Inflation Easing Even With Oil Above $90
The U.S. Consumer Price Index (CPI) report is due to be released on Wednesday, with economists predicting that key inflation metrics continued to moderate in September despite elevated oil prices, …
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OilPrice.com
Record Tanker Rates Leave Heavy Crude Stranded in the Americas
The Middle East crisis has driven tanker rates to all-time highs and created a shortage of vessels. This oil logistics problem is now causing a ripple effect, tipping the heavy crude market in Nort…
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OilPrice.com
Stranded Middle East LNG Supply Upends Gas Markets
The LNG supply out of the Middle East has not recovered in any meaningful way seven and a half months after the Iran war choked oil and gas shipments through the Strait of Hormuz. Since March, some…
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OilPrice.com
OPEC Sees Oil Demand Growth Surging to 2.6 Million Bpd in 2027
OPEC just put a very large number on next year’s oil market: global demand growth of 2.6 million barrels per day in 2027, after growth of just 200,000 bpd this year. That would push average world…
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OilPrice.com
Five Shale Stocks to Watch Before Third-Quarter Earnings
Permian producers spent much of this year paying buyers to haul away the natural gas that comes up with their oil. Waha Hub spot prices stayed below zero for a record 90 days in a row before turnin…
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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…
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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…
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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…
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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,…
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Live Market Data Updated 3:41 am
NE Avg / gallon
$6.04
HO Futures
$4.71
WTI Crude
$92.28
Brent Crude
$104.97
Distillate stocks
102.301M bbl
Price Forecast EIA STEO
October 13, 2026 · Next November 10, 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, October 13, 2026
News Sources
EIA.gov
Official government data
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Reuters Energy
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OilPrice.com
Industry news · RSS
AP Business
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NOAA / NWS
7-day forecasts
CheapHeatingOil
Our analysis & guides
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