EIA: Heating Oil Prices Mixed on Wk as Winter Demand Grows
12/10 3:34 PM
EIA: Heating Oil Prices Mixed on Wk as Winter Demand Grows Maria Eugenia Garcia DTN Energy Editor HOUSTON, TX (DTN) -- U.S. residential heating oil prices edged lower in the week ended December 8, 2025, offering modest relief to consumers even as wholesale markets moved in the opposite direction, according to the latest Energy Information Administration data released Wednesday (12/10). The national average residential heating oil price was at $3.732 gallon, declining by $0.008 from the previous week. However, on a yearly basis, prices were $0.229 higher than the same period last year. This was a 6.5% year-over-year hike that consumers will have to pay ahead of winter's peak heating season. The modest weekly decline in retail prices moved in opposite direction from wholesale heating oil markets, where prices climbed $0.020 to reach $2.516 gallon. This widened the retail-wholesale spread to nearly $1.22 gallon, while wholesale prices were up $0.25 year-over-year. The Midwest recorded the steepest weekly drop in residential prices, which as a region fell by $0.092 to $3.296 per gallon in the profiled week -- falling more than the national average decrease. Wholesale prices in the Midwest edged down $0.022. Meanwhile, Ohio led the region's downward trend in the residential market, with a $0.147 weekly drop, while Iowa prices registered the second largest drop of $0.111, the EIA data showed. The East Coast, the largest U.S. heating oil market, saw residential prices dip just $0.003 to $3.753 gallon last week, while wholesale prices rose $0.020 during the same period. Central Atlantic states, including New Jersey and New York reported the nation's highest weekly residential prices at $4.002 gallon and $4.033 gallon, respectively. Week-on-week, residential prices surged most in Rhode Island by increasing $0.014. On an annual basis, Rhode Island showed a $0.304 increase. On a weekly basis, wholesale increases were led by Ohio, which posted a $0.135 increase. Year-on-year, Ohio prices rose $0.050, according to the EIA data. The data underscores a challenging environment in the Northeast where approximately 5 million homes rely on this fuel source. (c) Copyright 2025 DTN, LLC. All rights reserved.
 
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