Tuesday 29th May 2018. Oil prices collapsed Friday 25th morning as news of Saudi Arabia & Russia considering an increase in production hit markets, driving fears that OPEC production cut deal may soon come to an end. Crude oils continued to fall over the long weekend but today Brent Crude has picked up $0.09 or 0.12% to $75.39. WTI however continues down by $1.45 to $66.43 or 2.14%. The #heatingoil price continues down by 1.13%, $2.49 to $2.1849. UK domestic heating oil market prices have moved downward in response to the crude oil market changes. We are expecting to see a total drop in the average UK price of possibly 2.00ppl by the end of the week. There is never a better time for you to get multiple #heatingoil quotes from heatingoilshop.com for a better understanding and comparison of local pricing.
The news from theweatheroutlook.com website for the rest of the week and next week is included below.
Tuesday, Wednesday: Showers and thunderstorms continue in the south and they could spread progressively northwards. Despite that further spells of very warm sunshine are expected, but cloudier periods could cap temperatures in places.
Thursday, Friday, Saturday, Sunday: Warm weather continues through the period. Heavy showers are likely early on but towards the end of the period it probably becomes drier.
From Monday 4th June. Often dry and warm. There should be a good deal of fine and sunny weather during the week. Temperatures are likely to fall but it should remain warm for the time of year. Some showery rain is possible but mostly dry conditions are favoured.
The last 31 days has seen average UK #heatingoil prices rise and fall with prices averaging an increase of 1.76ppl. However, there has been a continual fall in prices since 24th May. The response in the market place to the Saudi and Russian news that they were going to increase production was immediate. UK domestic #heatingoil prices dropped and continue to fall. As a result heating oil prices should drop further since demand is limited.
Over the last 14 days we can see that big dipp effect quite clearly. Average #heatingoil prices show a gain of 0.46ppl and is falling. At the moment the average UK price for a 500 litre load has decreased slightly to £267.75, on a 1000 litre fill £535.50. Fortunately, prices continue to fall 5 days running. Suppliers margins have been trimmed to encourage consumers to buy now rather than later. There may well be some bargains to be had out there. The only way to really find out is to use heatingoilshop.com and get multiple quotes from your local suppliers.
Using a broker at this time of high prices in the summer months is financially a bad bet. Why pay that extra commission charge on top, which is not apparent unless you read the T & C’s for some. Heatingoilshop.com prides itself on not charging commissions, Saturday delivery charges and general website usage charges.
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 decreased over the last 7 days. The average UK price today is now down to 53.55ppl a fall of 0.41ppl or 0.76% over the week. The average is now for the week 53.83ppl.
Around the regions some areas did not fare as well. Prices in England are down by 0.52ppl or 0.97% to 52.99ppl with average prices settling at 53.32ppl.
In Scotland prices are up by 0.51ppl, 0.90% to 57.25ppl with a 7 day average of 57.13ppl. Prices here have now started to fall.
Wales saw a fall of 0.46ppl or 0.85% to 53.79ppl with a 7 day average of 54.05ppl. In Northern Ireland prices fell by 0.34% or 0.18ppl to 53.13ppl with a 7 day average of 53.26ppl.
We do expect prices in Scotland and Northern Ireland to start falling away this coming week.
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.