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Today (Tuesday 11:45am) Brent Crude is $57.07 up $0.89 or 1.58%. WTI is also trading up at $54.29 up $0.89 or 1.67%. Both crudes have made an upward rise since yesterday afternoon on the US markets and seems to have some substance. Bloomberg’s heating oil price at $1.6701 per gallon has increased by $3.37 or 2.06% which is quite a steep rise.
Over the last 14 days the average UK price ranged from 44.08 ppl to 43.80 ppl. The blue logarithmic UK Average price confirms a continuous downward trend but still flat and with small movements. We could be heading the same way today as we did on day 6 only for the price to fall again later in the week. The signs are showing heating oil is trading up by 2.06%. So expect some rises tomorrow.
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Over the last 7 days the average UK heating oil price has fallen by 0.11 ppl to 44.01 ppl with an average of 43.99 ppl.
Prices have been affected by a steep rise today. In England, prices fell by 0.12 ppl to 44.18 ppl with an average of 44.12 ppl.
Scotland has increased by 0.04 ppl to 44.73 ppl over the week with an average of 44.78 ppl.
Wales saw a rise of of 0.04 ppl to 42.43 with an average of 42.43 ppl. Northern Ireland saw a decrease of 0.06 ppl to 40.67 ppl with an average of 40.69 ppl.
Don’t forget to use heatingoilshop.com for obtaining multiple commission free heating oil quotes and good service from over 210+ suppliers covering all UK postcodes except the channel islands.
Prices in the table above are averages and will differ from postcode to postcode and by supplier.Getting a quote from our many suppliers that are local businesses helps give your local community support.
Choose your supplier carefully. We recommend you not to buy from brokers unless you can afford their prices, wait for your delivery and not know who is making the delivery.
We highly recommend you buy from a local heating oil supplier and use our website to get free quotes fromsuppliers to your area.
Quotes are free and we do not receive commissions from suppliers.
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.
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". Since 19/12/2011 the average commission charge is 2.4 ppl above a local heating supplier, higher in winter and lower in summer.