Sunday 6th January 2019. Crude oil prices are moving upwards slowly. Brent prices are up by $1.11 (1.98%) and is $57.06. WTI is also up $0.87 (1.85%) today and is at $47.96. The #heatingoil price has also starting moving up as Winter starts to get a modest grip. Prices are up $2.72 (1.56%) to $1.7692.
US crude finished the week up 5.8 percent, undoing some of the damage from its 40 percent slide at the end of 2018. Prices have rallied as protests and bad weather curtailed exports in Libya and data showed Saudi Arabia was reducing output even before an OPEC cut scheduled to start this month.
The news from theweatheroutlook.com website for the rest of the week and next week is included below.
Sunday: Outbreaks of rain push southeastwards but they become increasingly patchy and fragmented before fading away. Dry conditions return to the north but there will be a lot of cloud. Less cold than in recent days.
Monday, Tuesday, Wednesday, Thursday: A spell of wet and windy weather clears southeastwards early on. It is followed by colder and showery conditions from the north west. Over high ground the showers turn to snow and they may become wintry over lower ground for a time, especially in northern areas. Later it becomes mainly dry but the risk of wintry showers perhaps remains in the southeastern corner.
From Friday 11th January 2019. A chilly but mainly dry start to the week is expected in the southern half of the UK. In the north there is a greater chance of rain and temperatures will be close to the mid January average. Towards the end of the period it could turn colder from the northwest with a risk of wintry showers and nighttime frosts.
Just over the last 9 days distributor average prices have fallen by 1.04ppl. The trend continues downward but prices have started to percolate up again. Crude prices have also started the New Year in resurgent splendour which will affect UK domestic heating oil prices this week. We are not expecting large increases. However, we do recommend using heating oil distributors as opposed to brokers because you can save from 1ppl up on final prices. Also watch out for additional costs such as delivery and commission charges. So avoid them until you get quotes from real heating oil distributors and not virtual ones.
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 upto date on daily pricing.
In the online broker market, we have seen low prices of 46.14ppl inc vat and highs of 56.70ppl (inc vat) today (Sunday 6th). Low and high prices are differing by 10.56ppl. You would be better of comparing prices from suppliers in your area using heatingoilshop.com. Remember, prices change daily and could change hourly.
As for individual on line brokers, we see that DirectOil continues to be the most expensive whilst Boilwerjuice are very keenly priced at the moment. Average broker prices today are 51.34ppl and some carry commission and delivery charges or both. All additional charges puts up the final PPL price to you.
You’re better off getting multiple quotes through heatingoilshop.com and comparing prices without having to pay commissions or admin charges.
Today (Sunday) our average UK broker
#heatingoilprice update shows 500 litres based on our survey prices at £256.68 and 1000 litres £513.35. It really is time to get multiple #heatingoilquotes 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 Autumn.
The graph below is to be a new daily feature on our Twitter feed where you can see average distributor
#heatingoil prices versus average online #heatingoil broker prices. No Commissions and no delivery or other surcharges with http://heatingoilshop.com . Get Multiple #heatingoilquotes from us not brokers.
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.
Prices have been adjusted today to show catch up position.
#England prices fell 0.92ppl to 49.85ppl.
#Scotland prices fell by 0.63ppl to 51.8ppl.
Heatingoilshop.com prides itself on not charging commissions, Saturday delivery charges and general website usage charges. Using a broker at any time is financially a bad bet. Why pay for
#heatingoil that includes commission, surcharges and Saturday delivery charges when you can deal direct with local suppliers through 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.