Wednesday 2nd May 2018. Brent Crude after losing a little ground over last few days is on a more stable course today and is up by $0.07 or 0.10% to $73.20 after losing $1.44 over the last 4 days. Similarly, WTI is also moving up by $0.34 to $67.59 or 0.51%. The #heatingoil price is also up at $2.1071 despite losing $4.38 since Sunday. UK domestic heating oil market prices have started to benefit from lower prices, though there have been small rises in the last 2 days.
The news from theweatheroutlook.com website for the rest of the week and next week is included below.
Often unsettled and chilly.
Wednesday: Outbreaks of rain push southeastwards, probably reaching London and the south east after midday. Brighter conditions follow on behind but showers develop in the north west and over the Scottish mountains they could fall as snow. Temperatures generally below the early May average.
Thursday, Friday, Saturday, Sunday: A drier and warmer period is expected to develop across the southern half of the country early on. In the north showers or longer spells of rain are likely to begin with but there is a good chance of it becoming drier for a time. Sunday could see outbreaks of rain in the north and overcast skies in the south pushing eastwards, to be followed by cooler and brighter conditions.
From the 4th May 2018. Southern regions should have warm and fine weather during the first couple of days but the north may be more changeable. Beyond that forecast confidence falls. The favoured outcome is for changeable and cooler weather to gradually return southwards bringing the risk of showery rain. However the probability of it remaining mostly fine and settled is only slightly lower.
The last 31 days has seen average UK #heatingoil prices generally tumbling by an average of 3.64ppl over the period inclusive of 0.24ppl increase over the last 2 days. By comparison, this day last year the average price for heating oil was 39.93ppl! Still some way to go but realistically if we were to lose another 4 ppl we will be lucky. Traditionally, prices have fallen in the last few years in the summer months. However, prices are surprisingly still moving downward and look to maybe stabilise begining next wet as the weather will remain changeable.
More recently, the last 14 days UK heating oil prices have continued to fall. UK market place prices had shown a consistent net drop over the period by 1.41 inclusive of a 0.24ppl rise over the last two days.
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 continued to steadily fall. However, there have been 2 price increase on Tuesday and today. The average UK price today is 51.95ppl this is still a 0.74ppl or 1.40% drop on the period reviewed. The average is now 52.00ppl so despite some minor hiccups the consensus is prices are steadily falling. In the regions, prices are still rising especially in #Scotland, #Wales and #NorthernIreland.
England: Prices on average are down by1.09ppl or 2.07% to 51.50ppl with average prices settling at 51.63ppl.
In Scotland prices are still up by1.48ppl to 55.45ppl with a 7 day average of 54.66ppl. Looks like the prices here are about to turn downwards.
Wales saw a rise of 0.07ppl or 0.14% to 51.84ppl with a 7 day average of 51.81ppl. In Northern Ireland prices rose by 1.09% or 0.55ppl to 51.08ppl with a 7 day average of 51.04ppl.
We are still expecting the overall average UK
#heatingoil price to stabilise this week as we are now at the end of the extended heating oil season and the temperatures warmer than of late.
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.