The invention discloses an automatic exhaust valve of a heating medium oil system. The valve is composed of a lower valve body (1), an upper valve body (2), a valve base (3), a valve cover (4), a flow guide body (5), a filtering net (6), an adjusting polish rod (7), an air floater (8), an adjusting screw rod (9), an air-permeable valve cover (11), a tee joint (12) and a filtering net (13), wherein the valve base, the lower valve body, the upper valve body, the valve cover, the tee joint and the air-permeable valve cover are sequentially in threaded connection, the filtering net (6) is arranged on a cone on the lower portion of an inner cavity of the valve base, the flow guide body is installed in inner holes which are formed in the lower valve body and the upper valve body, two sides of the flow guide body are provided with openings, the air floater is arranged in the upper valve body, the adjusting polish rod is installed in a concave groove in the upper portion of the air floater, the adjusting screw rod is installed in an inner screw hole in the valve cover, and the filtering net (13) is arranged in a groove in the inner wall of the air-permeable valve cover. The exhaust valve can effectively remove free steam generated in an inlet pipe section of a heating medium pump and hydrocarbon vapor in heating medium oil, and guarantees normal operation of the heating medium oil system.