Average Domestic Heating Oil Price Chart
Heating Oil Prices Updated to including 8th December 2013
World oil prices pushed higher on Friday after the US economy strengthened.
WTI crude for delivery in January, added 27 cents to close at $97.65 a barrel. Brent North Sea crude for January finished at $111.61 a barrel, up 63 cents from Thursday's close.
Heating oil added 1 cent to $3.06 a gallon.
The European benchmark Brent retained broad support from concerns about a supply disruption in the North Sea.
Oil is finding a new plateau with markets well supplied and demand recovery steady but slow in United States and Europe.
Heatingoilshop believes we could see heating oil prices drop in the UK between 0.85 to 2.50 pence a litre between now and Christmas.
Global oil prices have fallen, to their lowest for sometime with heating oil prices in the UK at the moment approximately 4 ppl cheaper than this time last year.
We encourage everybody to buy heating oil now while the temperature of the price is low.
Always use heatingoilshop.com to qet multiple quotes from supppliers to your postcode.
Choose your supplier carefully and Do Not Buy from Brokers like boilerjuice.com, or heatingoil.co.uk unless you can afford their prices, wait for your delivery and not know who is making the delivery.
Prices are generally between 2ppl - 4ppl over the norm because they are a brokers and charge commission on top of a supplier's price.
Remember, 90% of Boilerjuice and Heatingoil.co.uk suppliers, are owned by the Certas Energy Group formerly (DCC/GB Oils Group.)
We highly recommend you buy from a local heating oil supplier and use our website to get free quotes from suppliers to your area. They are free for consumers and we do not charge suppliers.
Buying direct from a heating oil supplier is your best choice as heating oil brokers can and do charge a premium of between 1p and 5p per litre for doing "the leg work". Our graph above tells you on a daily basis what the average broker rate is for 1000 litres.
With fuel poverty on the increase you need to look at all your options and look for the best price with the best service. Heatingoilshop.com will help you achieve competitive pricing by getting quote requests out to all suppliers free of charge. We do not charge suppliers or customers for this service.
The average heating oil price graph is self explanatory, all prices include VAT at 5% and covers 500 and 900 litre delivery prices from UK heating oil suppliers and 1000 litre broker prices.