Heating oil price today
The live heating oil price per US gallon, converted to major currencies, with price history and a calculator.
Heating oil price per unit
| Unit | USD | EUR | GBP | CHF |
|---|---|---|---|---|
| 1 litre | 1.24 | 1.11 | 0.9233 | 1.02 |
| 1 US gallon | 4.68 | 4.19 | 3.49 | 3.85 |
| 1 barrel | 196.66 | 176.02 | 146.79 | 161.88 |
Heating oil price in USD per gal
History available since October 20, 2016.
Heating oil value calculator
Heating oil price over the last 10 days
| Date | Price (USD/gal) | 24h |
|---|---|---|
| Oct 30, 2026 | 4.68 | +1.47% |
| Oct 29, 2026 | 4.61 | -4.17% |
| Oct 28, 2026 | 4.82 | +0.84% |
| Oct 27, 2026 | 4.78 | -2.79% |
| Oct 26, 2026 | 4.91 | +4.09% |
| Oct 25, 2026 | 4.72 | -5.32% |
| Oct 24, 2026 | 4.98 | 0.00% |
| Oct 23, 2026 | 4.98 | +1.06% |
| Oct 22, 2026 | 4.93 | +3.54% |
| Oct 21, 2026 | 4.76 | -3.28% |
Frequently asked questions
How high is the heating oil price today?
At the moment one US gallon of heating oil costs 4.68 USD. That works out to 1.24 USD per litre. We last updated this price on October 30, 2026 6:30 PM and it refreshes several times an hour.
Where does this heating oil price come from?
The price is based on the nearest futures contract (HO=F) as published by Yahoo Finance and can lag the market by 15 minutes or more. Futures prices are not exactly the same as the physical spot price, and the contract rolls over at expiry.
How far has the heating oil price changed in the last 12 months?
Measured in USD, the heating oil price moved +90.35% over the past year. Keep in mind that heating oil is traded in US dollars, so exchange rate moves also affect the price in other currencies.
Why is heating oil priced per gallon?
US futures for heating oil are quoted in US dollars per US gallon, which is 3.785 litres. That makes 4.68 USD per gallon about 1.24 USD per litre, excluding taxes and margins.
How high was the heating oil price in the past five years?
Over the past five years the heating oil price reached a high of 5.26 USD on September 15, 2026. The lowest point was 1.97 USD on May 5, 2025.
What moves the heating oil price?
Energy prices depend on supply and demand: production decisions by OPEC+ and US producers, inventories, refinery capacity and economic growth. The weather strongly affects demand for gas and heating oil, and geopolitical events can cause sharp price swings.
Precious metals: spot prices from currency-rates.github.io. Other commodities: price of the nearest futures contract via Yahoo Finance, which can be delayed. For information only, not investment advice.