Heating Oil (HO-F)
Commodities · Energy · data since 2000-09-01 · last close 2026-07-26
1d
-3.65%
7d
-1.18%
30d
+24.07%
YTD
+87.70%
1y
+65.42%
Heating Oil (HO-F) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 29.0 | -2.4 | 55.9 | -0.6 | -14.5 | -6.2 | 20.0 | · | · | · | · | · |
| 2025 | 7.1 | -5.2 | -1.7 | -12.0 | -1.0 | 16.3 | 2.3 | -5.5 | 2.9 | 4.2 | -4.0 | -9.1 |
| 2024 | 10.0 | -4.4 | -2.5 | -3.9 | -6.0 | 6.5 | -4.0 | -6.8 | -5.3 | 4.1 | -1.2 | 5.8 |
| 2023 | -5.3 | -11.4 | -5.1 | -11.1 | -5.0 | 8.3 | 22.2 | 5.1 | 7.0 | -11.0 | -5.4 | -9.8 |
| 2022 | 18.4 | 9.2 | 22.5 | 29.5 | -14.4 | -4.7 | -7.0 | 2.5 | -9.3 | 24.4 | -19.8 | -0.0 |
| 2021 | 8.4 | 16.0 | -4.6 | 8.5 | 6.4 | 4.1 | 3.3 | -3.1 | 9.9 | 6.6 | -17.3 | 12.9 |
| 2020 | -19.9 | -8.2 | -32.1 | -27.7 | 31.8 | 22.1 | 3.3 | -1.7 | -4.2 | -5.6 | 25.4 | 8.9 |
| 2019 | 11.8 | 7.7 | -2.5 | 5.5 | -11.5 | 5.6 | 0.5 | -6.5 | 4.2 | -1.4 | 0.1 | 8.0 |
| 2018 | -0.3 | -7.5 | 6.0 | 6.8 | 1.1 | 0.8 | -3.5 | 5.1 | 4.9 | -3.8 | -18.4 | -8.9 |
| 2017 | -5.4 | 0.6 | -2.9 | -4.4 | 0.8 | -2.6 | 12.0 | 6.4 | 3.1 | 4.0 | 0.4 | 9.7 |
| 2016 | -4.1 | 2.0 | 10.1 | 16.3 | 8.7 | -0.8 | -14.1 | 10.5 | 8.3 | -2.1 | 5.0 | 8.5 |
| 2015 | -8.7 | 36.3 | -25.3 | 15.0 | -1.1 | -3.5 | -16.0 | 5.7 | -9.6 | -0.9 | -10.8 | -17.7 |
| 2014 | 6.6 | -5.8 | -5.1 | 0.1 | -1.7 | 3.0 | -2.8 | -1.0 | -7.3 | -5.0 | -11.3 | -17.2 |
| 2013 | 2.8 | -5.0 | -1.9 | -1.4 | -2.8 | 3.1 | 5.7 | 3.2 | -5.4 | -0.1 | 2.7 | 1.0 |
| 2012 | 4.3 | 4.1 | -0.6 | 0.5 | -15.0 | -0.4 | 5.4 | 11.5 | -0.0 | -3.2 | -0.9 | 0.1 |
| 2011 | 8.0 | 6.5 | 5.6 | 5.4 | -6.1 | -4.0 | 5.6 | -0.6 | -9.2 | 8.9 | -0.7 | -2.9 |
| 2010 | -10.2 | 6.4 | 6.9 | 5.7 | -13.5 | 0.1 | 3.1 | -2.4 | 12.5 | -1.1 | 4.4 | 9.8 |
| 2009 | 3.4 | -12.9 | 6.2 | -2.2 | 24.9 | 4.6 | 4.4 | -0.8 | 0.9 | 10.3 | 1.9 | 5.0 |
| 2008 | -4.2 | 12.0 | 7.4 | 4.2 | 15.2 | 6.6 | -11.9 | -7.5 | -10.0 | -29.9 | -16.6 | -16.0 |
| 2007 | 3.5 | 7.6 | 5.6 | 1.8 | -1.6 | 7.9 | 3.4 | -2.8 | 9.6 | 12.1 | 0.9 | 4.5 |
| 2006 | 4.3 | -5.0 | 8.8 | 8.1 | -2.6 | 0.2 | 0.2 | -0.7 | -13.8 | -5.8 | 14.3 | -11.9 |
| 2005 | 8.2 | 12.1 | 11.1 | -13.4 | 1.1 | 11.5 | 1.1 | 25.5 | 0.7 | -14.4 | -8.7 | 6.9 |
| 2004 | 2.0 | 3.2 | -7.8 | 7.6 | 4.8 | 0.6 | 15.1 | -4.0 | 25.3 | 3.9 | -3.7 | -11.7 |
| 2003 | 10.8 | 31.0 | -36.9 | -3.9 | -0.9 | 3.5 | 1.6 | 3.2 | -5.0 | 1.0 | 6.3 | 9.3 |
| 2002 | -3.4 | 7.1 | 17.4 | 2.5 | -8.0 | 7.7 | -0.5 | 10.6 | 6.5 | -6.7 | 1.8 | 14.3 |
| 2001 | -12.3 | -9.1 | -2.5 | 6.0 | 4.3 | -8.6 | -2.1 | 9.9 | -13.4 | -9.9 | -11.0 | 3.5 |
| 2000 | · | · | · | · | · | · | · | · | -4.8 | 1.1 | 11.7 | -13.7 |
| Avg | 2.5 | 3.3 | 1.2 | 1.7 | -0.3 | 3.1 | 1.8 | 2.2 | -0.1 | -0.8 | -2.1 | -0.4 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
Seasonality — average by calendar month
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +2.5% | +3.3% | +1.2% | +1.6% | -0.3% | +3.1% | +1.1% | +2.2% | -0.1% | -0.8% | -2.1% | -0.4% |
| Win rate | 62%/26 | 58%/26 | 46%/26 | 62%/26 | 38%/26 | 69%/26 | 64%/25 | 48%/25 | 50%/26 | 42%/26 | 46%/26 | 58%/26 |
Win rate = share of positive months / sample size.
Risk & extremes
Max drawdown
-85.1%
Worst peak-to-trough fall on record
Monthly volatility
±10.6%
Std. dev. of monthly returns
Positive months
54%
Share of completed months in the green
Best month
+55.88%
2026-03
Worst month
-36.91%
2003-03
Longest streaks
6▲ / 7▼
Consecutive up / down months
Drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
About Heating Oil
Heating Oil swings with every OPEC meeting and geopolitical mood — with price receipts on this site going back to 2000. And the long game: $100 at its first close here (2000) would be about $357 today.
Did you know?
- Its best month on record was March 2026 at +55.88%; its worst, March 2003 at -36.91%.
Trivia for entertainment — the numbers come from our price data; the jokes don't.