Heating Oil Price
Crude oil prices continue to show slight increases today over the last three days. Heating oil prices have also risen.
This last seven days saw prices rising on average in the UK by 0.79 ppl to 41.78 ppl with an average of 41.29 ppl on the week. The closer the average price to end of 7 days price the less the movement in the heating oil price.
We are anticipating the heating oil price to increase but at much smaller levels than those seen of late. There have a few chilly nights with frost reported over most parts of the country. Boilers are being turned on up and down the country and as demand rises so will prices.
Prices in England rose by 0.75 ppl to 41.77 ppl with an average for the week of 41.29 ppl. Northern Ireland saw a price rise of 0.90 ppl to 38.25 ppl with an average of 37.80ppl. Scotland saw a rise 0f 0.51 ppl to 42.71 ppl, with an average of 42.43 ppl on the week. Wales saw a rise of 1.15 ppl to 40.92 ppl with an average of 40.13 ppl.
Prices in the UK are still relatively low compared with prices over the last two years because of the crude oil price and a week pound against the dollar. As at writing the Pound was $1.23 and rising very slowly.
All prices in the table above are averages and will differ from postcode to postcode and by supplier.
They are for guidance only and do not constitute an offer.
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