This statistic shows the average annual futures contract 1 price for New York Harbor No.2 heating oil between 1990 and 2019. In 2019, the futures contract 1 price for this fuel came to around 1.94 U.S. dollars per gallon.
Average annual New York Harbor No. 2 heating oil futures contract 1 prices from 1990 to 2019 (U.S. dollars per gallon)*
Characteristic
Price in U.S. dollars per gallon
2019
1.94
2018
2.1
2017
1.66
2016
1.36
2015
1.66
2014
2.77
2013
2.99
2012
3.03
2011
2.96
2010
2.15
2005
1.64
2000
0.84
1995
0.5
0.511.522.533.5
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* Contract 1 is a futures contract specifying the earliest delivery date. For gasoline, heating oil, and propane each contract expires on the last business day of the month preceding the delivery month. Thus, the delivery month for Contract 1 is the calendar month following the trade date.
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EIA. (August 19, 2020). Average annual New York Harbor No. 2 heating oil futures contract 1 prices from 1990 to 2019 (U.S. dollars per gallon)* [Graph]. In Statista. Retrieved May 13, 2025, from https://www.statista.com/statistics/209586/average-annual-futures-contract-1-price-of-ny-harbor-heating-oil/
EIA. "Average annual New York Harbor No. 2 heating oil futures contract 1 prices from 1990 to 2019 (U.S. dollars per gallon)*." Chart. August 19, 2020. Statista. Accessed May 13, 2025. https://www.statista.com/statistics/209586/average-annual-futures-contract-1-price-of-ny-harbor-heating-oil/
EIA. (2020). Average annual New York Harbor No. 2 heating oil futures contract 1 prices from 1990 to 2019 (U.S. dollars per gallon)*. Statista. Statista Inc.. Accessed: May 13, 2025. https://www.statista.com/statistics/209586/average-annual-futures-contract-1-price-of-ny-harbor-heating-oil/
EIA. "Average Annual New York Harbor No. 2 Heating Oil Futures Contract 1 Prices from 1990 to 2019 (U.S. Dollars per Gallon)*." Statista, Statista Inc., 19 Aug 2020, https://www.statista.com/statistics/209586/average-annual-futures-contract-1-price-of-ny-harbor-heating-oil/
EIA, Average annual New York Harbor No. 2 heating oil futures contract 1 prices from 1990 to 2019 (U.S. dollars per gallon)* Statista, https://www.statista.com/statistics/209586/average-annual-futures-contract-1-price-of-ny-harbor-heating-oil/ (last visited May 13, 2025)
Average annual New York Harbor No. 2 heating oil futures contract 1 prices from 1990 to 2019 (U.S. dollars per gallon)* [Graph], EIA, August 19, 2020. [Online]. Available: https://www.statista.com/statistics/209586/average-annual-futures-contract-1-price-of-ny-harbor-heating-oil/
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