Thursday November 8th 2018. A new month and crude oil prices continue have dropped over $4.00 in the last 8 days and is trying to make a price comeback today. We feel that as the altered Iran sanctions and OPEC’s production increases may help stabilise crude and downstream prices. Brent prices are up today by $0.15 (0.21%) and is $72.22. WTI is also up by $0.10 (0.16%) to $61.77. The #heatingoil price has lost $1.44 (0.64%) to $2.2227 but is also up since Tuesday. This means domestic
#UK #heatingoil prices may rise a smidgeon over the next two days especially as we are leading up to Christmas. You must, keep an eye on prices as the overall picture still suggests higher prices are around the corner. Sanctions on Iran are biting now so fill up your heating oil tanks as soon as you can.
The news from theweatheroutlook.com website for the rest of the week and next week is included below.
Thursday, Friday, Saturday, Sunday: Unsettled weather continues to bring showers or outbreaks of rain. It could become very wet and windy in all regions on Friday and Saturday. Temperatures generally close to the seasonal average in the north west but in the south east it could be quite mild at times.
From Monday 9th November. The unsettled theme continues. The north and west have the wettest spells with more frequent dry periods in the south east. At times it could become very windy in the north west. Temperatures generally close to the seasonal average but possibly a little below in the north.
The overall 31 day period trend continues downward and may stay that way for a little while. OPEC is testing the water and is trying to get to a price it is comfortable with after increasing their production levels. Over the last 30 days average prices have tracked downward. Prices have dropped by 3.93ppl since 9th October and are not showing resistance. Prices from UK distributors have fallen today (Thursday) by 0.37ppl. For the time being #UK #heatingoil prices seem to be heading down further. As the prices are so competitive we suggest getting multiple quotes from heatingoilshop.com comparing prices then ordering. If you snooze you will lose out so buy now before it all changes.
Do sign up with our twitter page ukheatingoils and keep upto date.
Longterm, to be honest we are not so confident in predicting the underlying Heating Oil price will continue to rise and reach 60.0ppl by late November given the U-turn by OPEC and the US part u-turn in applying sanctions. We are confident, as in previous years when the pre-Christmas rush gets into full swing you’ll end up paying more. It’s a case of supply and demand in the period leading up to Christmas and beyond that into February. Prices continue downward and, we may just get lucky and see this continuing or at least stabilising over the next 2 weeks. Remember, the weather plays an intricate part in pricing and we are in a period of wet, windy and chilly weather patterns. So, getting your fuel in now is crucial and may just prove to be the right action.
#Heatingoilprices fell again today and are poised to stabilise at the lower level of pricing. We feel that filling your heating oil tanks now by getting multiple #heatingoilquotes from heatingoilshop.com today and comparing will have a beneficial affect on your finances.
Today, we have seen low prices of 52.98ppl and highs of 55.81ppl (inc vat). Low and high prices are differing by only 2.83ppl. You would be better of comparing prices from suppliers in your area using heatingoilshop.com. Remember, prices change daily and could change hourly.
At this time of year especially leading up to Christmas, keep an eye on prices as the overall picture still suggests higher prices are around the corner. Our own online site survey which is based on 7 online broker sites and is up todate as of 10.00am this morning shows a downward trend over this 10 day period. Today’s average price drop of just 0.37ppl pushes the average England/Wales price to 54.59ppl. Today (Thursday) our average UK
#heatingoilprice update shows 500 litres based on our survey prices at £272.96 and 1000 litres £545.9.1 It’s still a competitive market and it really is time to get multiple #heatingoilquotes from heatingoilshop.com‘s suppliers and stop paying commissions. So, hop over to heatingoilshop.com to see if you can reduce your overall #heatingoil costs this Autumn.
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.
#England prices fell 2.07ppl to 54.22ppl.
#Scotland prices fell by 2.52ppl to 57.12ppl.
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.