Heating oil outlook · New England (PADD 1A) · Next few weeks
Maybe wait
Heating oil prices look more likely to fall than rise over the next few weeks. If your tank isn't low, waiting a little may pay off.
Home heating oil prices have fallen over the last four weeks, and the Call expects that to continue.
Source: StockApp weekly heating oil Call, as of Nov 12
The latest New England average is $5.85 a gallon, from the government's weekly survey.
Source: StockApp weekly heating oil Call, as of Nov 12
This Call is checked against the published price on Dec 9, and the result stays on the record, right or wrong.
Source: StockApp weekly heating oil Call, as of Nov 12