Tuesday October 30th 2018. As we edge our way out of October we are still seeing dramatic falls in Crude oil prices despite trying to recover last Friday. Brent prices are down today today by $0.50 (0.65%) and is $76.84. WTI is also down by $0.40 (0.60%) to $66.84. The #heatingoil price is also down by $1.29 (0.56%) to $2.2714. This has started to affect
#UK #heatingoil prices which have already fallen today and probably tomorrow by 35/100ths of a penny .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. Sanctions on Iran will be biting early November, 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.
Tuesday: Eastern England has a cold, wet and windy day. At times outbreaks of rain could become heavy and spread into central counties. Elsewhere it remains dry with the brightest periods in south western England, Northern Ireland and Scotland.
Wednesday: A mixed day is expected with showery outbreaks of rain but also drier periods. The wettest conditions may be in the south east and the north west of the UK. Generally quite chilly.
Thursday, Friday, Saturday, Sunday: Unsettled weather brings outbreaks of rain to all regions. At times it could become very windy with gales or severe gales. Temperatures will probably be close to the seasonal average but in the south east it may become mild at times.
From Monday 5th November. All regions have periods of wet and windy weather during the course of the week. The wettest conditions are likely to be in the north and west with more frequent dry periods in the south east. Temperatures remain close to average in the south east but it could be quite chilly for much of the time elsewhere.
So wrap up, wellies out of the cupboard and make sure your home has sufficient #heatingoil in the tanks.
The overall 31 day period trend has reversed downward and may stay that way until OPEC finds a price it is comfortable with after increasing production levels. Over the last 22 days average prices have generally tracked downward given about 3 bump ups on the way down. Prices have dropped by 2.17ppl since 6th October meaning savings of £10.85 on a 500 litre deliveryand £21.70 for a 1000 litres. For the time being #UK #heatingoil prices seem to be stabilising more indicating that we may be coming to the end of these exciting prices. So, if you snooze you lose so buy now before it all changes.
This could all change anytime given the Iran sanctions are starting to bite. Hopefully prices may be restricted to very minor rises. However, with the Saudi’s and other OPEC states increasing production we may now see stabilisation in crude and heating oil prices. Always use heatingoilshop.com to get comparative heating oil quotes from your local suppliers.
Do sign up with our twitter page ukheatingoils and keep uptodate.
Longterm, to be honest we are not so confident in predicting the underlying Heating Oil price will continue to rise and reach 60.0ppl possibly late November as the pre-Christmas rush gets into full swing. In the short term our graph indicates a downward trend still. As we have said before we see OPEC increasing production in part to compensate for sanctions against Iran, 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 irrational weather patterns. So, getting your fuel in now is crucial and may just prove to be the right action.
#Heatingoilprices fell again today but are now 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 pocket book. Today, we have seen low prices of 56.36ppl and highs of 58.05ppl (inc vat). Low and high prices are differing by just 1.69ppl compounding the evidence for more stable prices. So, based on average prices you could save up to £8.45 (500) or £16.90 (1000) or more by comparing prices from suppliers in 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 on the horizon.
Our own online site survey which is based on on line broker sites is up todate as of 10.00am this morning continues to show a slackening of the upward trend in this short 10 day period. Despite today’s average price fall of just 0.05ppl to an England/Wales average of 57.32ppl. Today (Tuesday) our average UK
#heatingoilprice update shows 500 litres based on our survey prices at £286.58 and 1000 litres £573.15. These prices do include commissions. It’s still a very 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 0.18ppl to 56.16ppl.
#Scotland prices fell by 0.19ppl to 59.80ppl.
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.