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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
$77.08
Brent
$82.38
Distillate Stocks
102.301M bbl
Latest Stories Live · refreshes every 30 min
OilPrice.com
Libya Weighs Force Majeure After Drone Attacks on Zawiya Oil Hub
Libya’s National Oil Corporation may declare force majeure on exports from the Zawya oil terminal as a result of drone attacks on the facility. The Zawya terminal has a daily capacity of 120,000 …
OilPrice.com
Oil Prices Climb as U.S.-Iran Peace Hopes Fade
Crude oil prices moved higher today as the chances of a lasting peace between the United States and Iran shriveled following Iran’s release of six conditions earlier this week and President Trump…
OilPrice.com
The Hormuz Shock Is Far From Over
The latest Bloomberg data show that shipping transits through the Strait of Hormuz remained largely disrupted Monday morning, even as Iran and Oman reportedly moved closer to a deal. Brent crude f…
OilPrice.com
Colombia Revives Oil And Gas After Four-Year Renewable Energy Push
Over the past couple of years, Colombia’s clean energy transition has shifted into overdrive under President Gustavo Petro’s "Just Energy Transition" agenda, with the country pivoting away from…
OilPrice.com
Global Diesel Crunch Worsens Ahead of Peak Winter Demand
As peace in the Persian Gulf remains elusive and Ukrainian drones keep raining on Russian refineries, a global fuel crisis is looming larger by the day as demand is set to increase in the coming mo…
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 8:18 am
NE Avg / gallon
$5.58
HO Futures
$3.775
WTI Crude
$77.08
Brent Crude
$82.38
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
News Sources
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CheapHeatingOil
Our analysis & guides
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