Heating Oil Price Updates

 

Buy Heating Oil Now! Prices Stagnating


Friday 8th February 2019. Crude oil prices remain low despite trying to move upwards. Brent prices are up a tad today by $0.03 (0.05%) and is $61.66. WTI is down $0.34 (0.65%) today and is at $52.30. To look at current prices today in the trading market go to our home page and half way down you’ll see a live market trading position.

The #heatingoil price has  risen $0.06 (0.03%) to $1.9011 and UK heating oil prices have remained unchanged today.

Prices could rise again if there was further cold weather but the likelihood at moment is for the weather to be milder in most places. Still a good time to fill up your heating oil tanks on these lower prices for now. Choose multiple quotes from heatingoilshop.com

The weather news from theweatheroutlook.com  is unsettled.

Friday: Wet and very windy weather affects most of the country. Gusts between 50mph and 60mph are expected widely and in exposed parts of the north west 70mph is possible. A band of persistent rain pushes southeastwards and it is followed by showery conditions. Some travel disruption is possible due to the wind and rain.

Saturday: Outbreaks of rain and hill snow are likely in the north early on but it should become more showery through the morning. Southern and central counties have showers which could be heavy in the south west and Wales. Strong winds ease but the risk of gales remains in Scotland for much of the day. Quite mild in the south but in the north it will be colder.

Sunday: Outbreaks of rain possibly affect southern counties and there is a chance of them turning to wet snow over high ground on their northern edge. Central and northern areas have a mix of sunshine and wintry showers. Rather cold.

Monday, Tuesday, Wednesday, Thursday: North western parts of the UK remain quite unsettled through the period with further rain at times. In southern and eastern areas it becomes more settled and drier weather could spread northwards later on. After a cold start it turns milder.

From Friday 15th February,  a good deal of dry and settled weather during the first half of the week, although the north west may remain more changeable with an ongoing risk of rain. Later in the period there is an increasing chance of wet weather becoming more widespread. After a mild start temperatures trend towards the average.


Just over the last 10 days distributor average prices have risen by 0.78ppl primarily because of the UK weather and crude oil prices. The trend remains upwards but we are not expecting this to change over the weekend as prices have fallen in the last two days and remain at 50.58ppl. As we said 2 days ago, prices “may settle at this price for a couple of days” and we cannot see much change for another 2 days.

UK domestic #heatingoil prices have been pretty much rising since the 30th Jan but seem to be tapering off now. The two deciding factors on prices in the coming weeks will be the price of crude oil, and any sudden changes in the UK weather. Most forecasters are now predicting that temperatures will lift and gradually become warmer  though there could be a return to frosts and colder weather. February is traditionally a cool month we anticipate an increase in demand for #heatingoil. Please #checkyourtank & make sure you do not run out of #HeatingOil by topping up. Keep warm ! Quotes now from http://HEATINGOILSHOP.com  today and save money by not using a broker.

We recommend using #heatingoil distributors as opposed to brokers because you can save money on final prices. Brokers do charge for additional costs such as delivery and commission. So avoid brokers and get #heatingoilquotes from real heating oil distributors through heatingoilshop.com today and compare your local prices. The weather, a weak dollar and rising crude prices playing an intricate part in pricing and we are about to enter a colder period.  So, getting your fuel at these good prices may just prove to be the right investment to make. Do sign up with our twitter page ukheatingoils and keep up to date on daily pricing.


Today, average prices for distributors remained the same at 50.58ppl and by contrast average broker prices fell by 0.89ppl to 51.60ppl signifying tighter margins for brokers and prices not dropping any further unless they want to take on losses. The difference between average distributor #heatingoil prices versus average online heating oil broker prices today is only1.02ppl inc vat.

This means you can save an average of £5.10 on 500 litres or £10.20 on a 1000 litres. By not using a broker, you could possibly save a lot more. So don’t waste your money. Don’t pay through the nose for your #heatingoil from a broker?

Wise up, brokers charge a variety of commissions, surcharges & admin charges or a mixture of all and these affect your final bill. As you can see using a broker today, can cost you more and it does varies from day-to-day as we have seen over the week. Choose Multiple #heatingoilquotes from HEATINGOILSHOP.com where there are no commissions, delivery or other surcharges.

Over the last 10 days the average online broker price has fluctuated so much and has steadily moved down in order to compete with distrtibutors. There has been an average fall of 1.30ppl over the last 10 days. After today’s fall of 0.89ppl, average broker prices are now 51.60ppl. Today, (8th) we have seen average low prices of 48.30ppl inc vat and average highs of 55.61ppl (inc vat).

You would be better of comparing prices from suppliers in your area using heatingoilshop.com.  Remember, prices change daily and could change hourly.


Over the last 120 days we have collected online #heatingoil BROKER/CLUB site prices up to and including 31st Jan 2019. We compared prices on a 1000 litres for a 5 or 6 day delivery window. Prices were checked on the same day, at the same time (within 10 mins) at the same postcode with each broker. Three sites also have distributor sites. DirectOil is part of Watsons Fuels, TankTopper is part of Craggs Energy and Heatingoil.co.uk is part of the Certas group.  Also included was an online heating oil club.

Our graphic indicates the AVERAGE 120 day price of heating oil  for that period and for that broker. All prices are affected by postcode location, commission rates and delivery slots available to them from oil distributors. All will carry commission, some will have additional charges added on or both.

It has to be said that these are average prices at various postcodes over the course of 120 days each broker was the highest, lowest or medium priced at some time. Three of the companies concerned were consistently lower priced.

You’re better off getting multiple quotes through heatingoilshop.com and comparing prices without having to pay commissions or admin charges. It really is time to get multiple heating oil quotes from heatingoilshop.com‘s suppliers and stop paying commissions to brokers. So, hop over to heatingoilshop.com to see if you can reduce your overall #heatingoil costs this Winter.

Our advice is to keep those tanks topped up without paying commission or other charges being added. If you are low on fuel, less than 25% then you need to take action now and fill up at good prices.


Heatingoilshop.com prides itself on not charging commissions, Saturday delivery charges and general website usage charges.

The average price table is a guide only and does not constitute an offer.  As regional, postcode and supplier differences occur, we encourage you to obtain multiple and competitive #heatingoilquotes from heatingoilshop.com to get the latest deals and prices from the suppliers delivering to your area.

Over the last 7 days there has been a fall in average UK oil distributor #heatingoil prices on the week of 0.27ppl to 50.58ppl.

In #England prices fell 0.39ppl to 50.34ppl.

In #Scotland prices rose by 0.26ppl to 52.76ppl.

In #Wales prices rose 0.10ppl to 50.48ppl and in #NorthernIreland prices fell by 0.00ppl to 47.53ppl.

For current price trends, head on over to our Twitter Account  for daily updates