Wednesday 25th April 2018. Crude Oils have fallen back over the last three days and OPEC still claims victory in reducing surplus crude. However, Brent Crude is creeping today and is up by $0.01 or 0.01% to $73.87. Similarly, WTI is also up to $67.85 gaining $0.15 or 0.22%. The #heatingoil price though is back up! At $2.1302, it is up $0.26 or 0.12%. Despite the warm weather and cooler on the way UK domestic heating oil market prices have started to settle and may rise in the colder regions during the week.
The news from theweatheroutlook.com website for the rest of the week and next week is included below.
This week, an Atlantic based pattern becomes established at the start of the week and continues throughout, but high pressure could remain close enough to influence the weather in southern counties for the first couple of days. Towards the end of the week low pressure may deepen close to or across the southern half of the UK.
Next week, high pressure probably builds to the northwest of the UK and low pressure remains close to the south. The details are very uncertain and there is a possibility of warmer air being pulled in from the south east but also the risk of very wet spells.
The last 31 days has seen average UK #heatingoil prices generally tumbling by an average of 3.62ppl despite two 3 day periods where prices rose. By comparison, this day last year the average price for heating oil was 41.11ppl! Traditionally, prices have fallen in the last few years by about 6ppl in the summer months. However, prices look to stabilise over the next few days and may lower later. The markets are hovering because we are set to see temperatures fall later this week so check your tanks now.
More recently, the last 14 days UK heating oil prices have continued to fall. UK market place prices now show a consistent net drop over the last eight days in the of 1.23ppl or 2.32%. This is a little less than we have reported before. It does suggest a levelling off in pricing for now.
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. Heating oil prices look set to continue stabilise for the time being. The average UK price today is 52.81ppl a drop of 0.55ppl or 1.03% on the week. The average is now 53.11ppl and steadily falling. In the regions, some prices are bucking the downward trend and rising especially in Scotland and Wales.
England prices on average are down by 0.93ppl or 1.73% to 52.74ppl with average prices settling at 53.24ppl.
In Scotland prices leapt up by 0.73ppl to 54.05ppl with a 7 day average of 53.70ppl.
Wales again saw a rise of 0.88ppl or 1.72% to 52.02ppl with a 7 day average of 51.43ppl. In Northern Ireland prices rose by 0.28% or 0.14ppl to 50.34ppl with a 7 day average of 50.25ppl.
We are 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.