Sunday January 14th 2018. Both main Crude oil prices have continued to move upwards despite some setbacks the last 3 days. Heavy demand for mid-distillate fuels on the US Eastern seaboard and Central States usually sees crude prices increase. The heavy demand for heating oil is primarily due to the extreme weather conditions over the last two weeks, which is now headed our way. Brent Crude is up by $0.61 or 0.88% to $69.87. WTI, is $64.30 up $0.50 or 0.78%. The #heatingoil price is at $2.0850 is up $0.83 or 0.40%. Despite the market for heating oil rising, UK #heatingoil prices continue to fall. Whilst this welcome news, that storm in the US is due to hit our shores next week and will see temperatures drop from next Thursday.
Current average UK heating oil prices have fallen by 2.12ppl over the last 14 days, (Regional prices may vary). But the strength of price decreases is weakening. Downward prices is still a welcome relief to many users. Crude oil prices broke the $70.00 a barrell last week and has fallen back, but we believe they will be pushed up next week. This will impact UK heating oil prices pushing them up probably mid week. The mild weather in some parts of the UK has helped but the next cold storm is approaching. We feel there is still a window of opportunity, to geet # heatingoilquotes and #heatingoilprices at competitive rates.
Plenty of our suppliers offer competitive prices and many have some bargains. Seek them out using heatingoilshop.com multiple quotes. Remember not to use sites that charge for the privilege of using their site and also delivery surcharges. Credit card charges may have been done away with from this week so some will want to take advantage. It all adds on to your #heatingoil bill, but not with heatingoilshop.com
The blue logarithmic line continues to show a gentle downward trend. However, with the weather being changeable and variable crude prices, heating oil prices could change at any time. So take advantage now!
The last 7 days has seen a fall in the average UK #heatingoilprices of 0.67ppl to 51.25ppl with a 7 day average of 51.37ppl. There has been an upturn in all prices of some 0.40%.
In the regions, prices in England fell by 1.07ppl to 51.08ppl with an average of 51.39ppl. In Scotland prices rose on average by 1.68ppl to 52.96ppl with a 7 day average of 52.03ppl.
Wales saw a 0.26ppl rise to 50.99ppl with a 7 day average of 50.80ppl. In Northern Ireland prices fell on average by 1.01ppl to 49.14ppl with a 7 day average of 49.18ppl.
With crude prices continuing to rise, a threat of further bad weather coming our way prices at this level will probably not be sustained. We highly recommend buying now after you have got your #heatingoilquotes from heatingoilshop.com.
The average price table is a guide only and does not constitute an offer. As regional and supplier differences occur and 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.
Please note, we do not charge suppliers or consumers brokerage commissions nor do we add surcharges like another site, but our suppliers do provide competitive prices.