Tuesday 15th May 2018. The high oil price predictions have started to re-emerge in response to the US’s abandonment of the Iran nuclear deal. Saudi Arabia has quietly sounded out $80 or $100 per barrel, Bank of America has put forward $100 for 2019. Opec needs a strategy to prevent the market running away.
Brent Crude has risen over the last two days and is up by $0.35 or 0.45% to $78.58. Similarly, WTI is also moving up by $0.09 to $71.05 or 0.13%. The #heatingoil price is also up by 0.33%, $0.74 at $2.2570 $0.08. UK domestic heating oil market prices are starting to fall back gradually as of 3 days ago.
The news from theweatheroutlook.com website for the rest of the week and next week is included below.
Tuesday: Much of England and Wales has a fine and and very warm day, locally temperatures could reach 25C (77F). In the north west of the UK thicker cloud brings outbreaks of rain and through the day they extend across much of Scotland and Northern Ireland.
Wednesday: Patchy rain clears southeastwards and is followed from the northwest by cooler and brighter weather. Southern and central counties may stay overcast for much of the day.
Thursday, Friday, Saturday, Sunday: Fine weather continues in most of the UK but in the north west cloud and patchy rain remain are possible at times. After a cool start it becomes progressively warmer and by the end of the period temperatures probably climb above 21C (70F) widely.
From Monday 21st May. The first half of the week is expected to be mostly fine and very warm. In the north west more changeable weather is possible. Through the second half of the week it may begin to spread southeastwards but there should continue to be a lot of fine and warm periods in the south.
The last 31 days has seen average UK #heatingoil prices generally tumbling by an average of 1.32ppl until the 9th May. Rhetoric by President Trump over the Iranian agreement forced crude and all petroleum products up in price.In the last 3 days prices have started to ease but we think this may be short term only. We are expecting to see UK average prices rise by about 0.17ppl later today or tomorrow, There may be instances where suppliers still have plenty of stock at old prices so check them out using heatingoilshop.com and get multiple quotes. Summer pricing still seems a long way off at the moment because of middle east tensions.
More recently, the last 14 days UK heating oil prices had continued to fall until President Trump threw his rattle out of the pram. As a result crude oil prices keep rising and whilst this did not affect the UK #heatingoil price market things are starting to change around as we write. Prices have now shown a steep upward trend and fallen back again over the period. We believe prices will rise tomorrow by an average of 0.17ppl.
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 sharply increase as per our comment above. However, there were 3 price increases Thursday thru to Saturday. The average UK price today is now 52.85ppl this is a 1.19ppl rise over the week. The average is now 52.58ppl.
England: Prices on average are up by 1.21ppl or 2.36% to 52.43ppl with average prices settling at 52.18ppl.
In Scotland prices rose by 1.18ppl to 55.69ppl with a 7 day average of 55.37ppl.
Wales saw a rise of 0.79ppl or 1.52% to 52.60ppl with a 7 day average of 52.40ppl. In Northern Ireland prices rose by 1.74% or 0.89ppl to 51.95ppl with a 7 day average of 51.78ppl.
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.