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Wednesday 19th July. 

Today, Brent Crude has risen to $49.11 up $0.27 or 0.55%.  WTI  is also trading up at $46.59 up $0.27 or 0.41%.  Bloomberg’s heating oil price at $1.52.16 is up $1.12 or 0.74%.

We  expect UK heating oil prices to rise a smidgeon then stagnate and stabilise for the rest of the week.

UK heating oil prices have moved from a high of 37.20ppl.40 to 36.88ppl over the last 14 days but over the last 2 days we have seen them rise.

However, due to increase in product prices we are expecting Monday’s rise to peter out and stabilise by Friday.  The blue logarithmic UK Average price trend is currently sitting at just under 37.75ppl and is suggesting a stabilisation in price.

Prices have not been this low since October 2016, so there has never been a better time to buy heating oil  than in the summer months. Avail yourself of low pricing and stock up until your tanks are full.

Do not be afraid to negotiate with your supplier.  

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Over the last 7 days the average UK heating oil price has fallen by 0.05ppl to 36.87ppl with a 7 day average of 36.83ppl. 

In England, prices decreased by 0.08ppl to 36.13ppl with a seven day average of 36.11ppl.  Scotland has increased by 0.14ppl over the week to 40.96ppl with an average of 40.84ppl. Scotland is still 4ppl above the national average.

Wales saw a fall of 0.03ppl to 36.94ppl with an average of 36.99ppl. Northern Ireland saw an increase of 0.03ppl to 35.68ppl with a 7 day average of 35.66.

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.

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