Sunday 27th May 2018. Oil prices collapsed Friday morning as news of Saudi Arabia & Russia considering an increase in production hit markets, driving fears that OPEC production cut deal may soon come to an end. Brent Crude has fallen by $2.35 or 2.98% to $76.44. Similarly, WTI is also down by $2.83 to $67.88 or 4.00%. The #heatingoil price is also down by 2.51%, $5.69 to $2.2098. UK domestic heating oil market prices have moved downward in response to the crude oil market changes. We are expecting to see a total drop in the average UK price of another 1.0ppl at start of business on Monday. There is never a better time for you to get multiple #heatingoil quotes from heatingoilshop.com for a better understanding and comparison of local pricing.
The news from theweatheroutlook.com website for the rest of the week and next week is included below.
Sunday, Bank Holiday Monday: The risk of thundery showers and cloudbursts continues in southern and central regions. However there should also be a reasonable amount of dry and sunny spells. Very warm or even hot in the south, cooler near the east coast.
Tuesday, Wednesday, Thursday: Thundery showers continue to be a threat in the south but there should be a good deal of sunshine in most of the UK. Eastern coastal counties have more cloud and it could spread farther inland at times. Warm or very warm for most but cooler near the east coast.
From Friday 1st June. Often dry but not as warm. There should be a good deal of fine weather during the first half of the week. Temperatures are likely to fall but it should remain quite warm for the time of year. More changeable spells are most likely in the north and west where temperatures stay closer to the seasonal average.
The last 31 days has seen average UK #heatingoil prices up and down the big dipper at Alton Towers with prices averaging an increase of 1.48 ppl. However, from Friday 25th May things started to slide downwards when news of Saudi Arabia & Russia considering an increase in production hit markets. The response in the market place was immediate with domestic #heatingoil prices dropping. Will they drop further? Probably, it is clear that a higher barrel price is not sustainable at the present because refineries have changed product mixes to meet demand for automotive and transport fuels during the summer months. As a result heating oil prices should drop further since demand is limited.
Here it is, the last 14 day UK average #heatingoil prices showing a gain of 0.69ppl and falling. At the moment the average UK price for a 500 litre load has decreased slightly to £268.00, on a 1000 litre fill £536.00. Fortunately, prices continue to fall on 4 days running. Suppliers margins have been trimmed to encourage consumers to buy now rather than later. There may well be some bargains to be had out there. The only way to really find out is to use heatingoilshop.com and get multiple quotes from your local suppliers.
Using a broker at this time of high prices in the summer months is financially a bad bet. Why pay that extra commission charge on top, which is not apparent unless you read the T & C’s for some. Heatingoilshop.com prides itself on not charging commissions, Saturday delivery charges and general website usage charges.
Our advice is to keep those tanks topped up this time of year especially with these prices. If you are low on fuel, less than 25% then you need to take action now and fill up at good prices.
Please check your tank levels asap and if need be, get multiple
#heatingoilquotes by visiting http://heatingoilshop.com , today and get multiple #heatingoilquotes from local suppliers and top-up for less without paying commission or other charges being added. You could save yourself about £10.00 commission (500 x 0.02ppl) + £2.99 surcharge by using the same suppliers.
Over the last 7 days the average UK #heatingoil price has decreased over the last 7 days. The average UK price today is now down to 53.60ppl a fall of 0.39ppl or 0.72% rise over the week. The average is now 53.89ppl.
Around the regions some areas did not fare as well. Prices in England are down by 0.63ppl or 1.18% to 52.97ppl with average prices settling at 53.40ppl.
In Scotland prices are up by 0.54ppl, 0.95% to 57.32ppl with a 7 day average of 56.98ppl.
Wales saw a fall of 0.02ppl or 0.04% to 53.97ppl with a 7 day average of 54.09ppl. In Northern Ireland prices rose by 1.51% or 0.79ppl to 53.25ppl with a 7 day average of 53.17ppl.
We do expect prices in Scotland and Northern Ireland to start falling away this coming week.
Why pay for
#heatingoil that includes commission, surcharges and Saturday delivery charges when you can deal direct with local suppliers through http://heatingoilshop.com ‘s multiple #heatingoilquotes system where you have a choice without the additional 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.
Please note, we do not charge suppliers or consumers brokerage commissions nor do we add surcharges like other sites.