Sunday October 14th 2018. Crude oil prices have fallen considerably over the last over the last 5 days by nearly $4.00. There has been a slight increase today but are just ripple changes. Brent prices today rippled their way up by $0.17 (0.21%) and is $80.43. WTI is up by $0.37 (0.52%) to $71.34. The #heatingoil price is down by $1.09 (0.47%) to $2.3213. This has had a beneficial effect on
#UK #heatingoil which have fallen on average by 1.77ppl. Keep an eye on prices as the overall picture still suggests higher prices are around the corner. Sanctions on Iran will be biting early November which is only 2½ weeks away, 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.
Sunday: Rain clears eastwards to leave brighter conditions. Showers develop in the west and during the afternoon they could become heavy. Cooler than it has been recently in southern and central areas.
Monday, Tuesday, Wednesday, Thursday: Unsettled weather is expected. All regions have rain at times but wet spells will be most frequent in the north and west. The south east has the driest and warmest spells.
From Friday 19th October it will be unsettled, particularly in the north. All regions have mixed weather with showers or longer spells of rain. The wettest and windiest periods affect the north west with the driest and warmest periods in the south east. Temperatures in the north trend close to or slightly below the average, in the south they should be close to the October norm.
The overall 31 day period trend continues upward however, over the last 7 days prices have tracked downward and lost 1.77ppl. There has been a further drop today of 0.52ppl. For the time being #heatingoilprices seem to be on a dowwnward track still. We shall see! This 31 day period has been pretty extraordinary. We have seen some steep rises in a short period and slower downward trends.
Our own online site survey tis now showing a downward trend and today’s price has fallen by 0.92ppl to an England/Wales average of 56.98ppl. Longterm, we are still confident in predicting the underlying Heating Oil price will continue to rise and reach 60.0ppl eventually. With the Saudis increasing production in part to compensate for sanctions against Iran, we may just see more price stability. So, getting your fuel in now is crucial and may just prove to be the right action.
We anticipated a rapid uptake in heating oil usage as Autumn began and on prices we have been right so far. We are not expecting prices to move downward in the long term until after the heating season, but in the short term, there may be some price breaks. The last 7 days has seen some price breaks so take advantage and get some heating oil quotes in from heatingoilshop.com.
We are monitoring and collecting statistics on the major online broker sites daily and may publish figures probably at the end of October. Over the last 56 days some interesting stats are coming out.
Do sign up with our twitter page ukheatingoils and keep uptodate. Today’s averageUK #heatingoil prices are steady at 58.47ppl and our own survey of online sites confirms lower average prices of 58.14ppl (inc vat) primarily because our suppliers prices are upto date.
There was a slight downwards movement in our heating oil price survey today.
#Heatingoilprices have stabilised then dropped and may continue to stay that way for a little longer. We are seeing movements in crude prices today as they jostle around following the Saudis committment to increase production as they feel they can command and stabilise the p rice at today’s levels. We highly recommend filling those tanks up now by getting multiple #heatingoilquotes from heatingoilshop.com today and comparing. Today, we have seen low prices of 55.72ppl and highs of 58.66 (inc vat) with low and high prices differing by 2.94ppl. So you could save up to £14.70 (500) or £29.40 (1000) or more by comparing prices from suppliers to your area. These prices change daily and could change hourly.
Prices will continue to fluctuate between 56.00ppl and 60.00ppl inc vat with 60ppl still very much on the horizon.
Today (Sunday) our average UK
#heatingoilprice update shows 500 litres based on our survey prices at £284.90 and 1000 litres £569.81. It’s still a very competitive market and it really is time to get multiple #heatingoilquotes from heatingoilshop.com. Local suppliers will compete for your business. So, why not 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 1.89ppl to 56.57ppl.
#Scotland prices fell by 1.31ppl to 59.83ppl.
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 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.