Sunday December 9th 2018. What a another week for crude oil prices that continued to fall then rise with OPEC’s statements then blown out of the water by the US and increased production. I welcome this stance by the US as OPEC has held the world to ransom ever since i was at secondary school too many ytears ago. Brent prices are revcovering now and is up $1.61 or (2.18%) and is $61.67. WTI is also recovering and is up by $1.12 (2.18%) today and is at $52.61. The #heatingoil price has moved up also by $2.80 (1.51%) to $1.8862. The glut of product in the market place will start to disipate so expect to see heating oil prices rise. There are a number of reasons why, you must, keep an eye on prices as the overall picture is now for higher prices.
The news from theweatheroutlook.com website for the rest of the week and next week is included below.
Sunday: Showers are expected in southern counties during the early part of the day. Thereafter the showers probably become increasingly confined to coastal counties. Sunny spells develop but it will be colder than recently.
Monday, Tuesday, Wednesday, Thursday: Rather cold conditions are expected, especially in the east. Eastern counties probably have showers early on and they could be wintry. During the middle of the period outbreaks of rain possibly push in from the west and turn to sleet or snow over high ground before fading away. By Thursday there is a risk of wet weather pushing eastwards across all regions and over high ground in the north snow is likely.
From Friday 14th December. Unsettled weather is forecast to continue throughout the week. That brings the expectation of wet and windy periods in all regions. Temperatures generally stay close to the average in the south. In the north it could be quite cold at times and that leads to the possibility of some sleet or snow, particularly over the hills and mountains.
The UK #heatingoil has risen over the last 5 days as the push to Christmas and available delivery slots start to squeeze prices higher and margins are the order of the day. Today saw prices rise by 0.66ppl. Crude prices are also moving up and we are anticipating further rises in the #heatingoil price over the next two weeks. Supplier prices are very competitive for now but you may need to compromise on delivery dates to get a lower price. We highly suggest getting multiple quotes from heatingoilshop.com‘s many suppliers for comparing prices. If you snooze you will lose out, not only on price but delivery availability, so buy now before it all changes.
By comparison, average broker prices are also moving up and are just a little more expensive than direct suppliers. We have our doubts regarding delivery slots available to brokers just because most brokers are relying on regular suppliers/distributors to deliver. If you leave it too late. It’s a case of supply and demand in the period leading up to Christmas and beyond that into February.
The weather is now changing and plays an intricate part in pricing and we are about to enter a colder period. So, getting your fuel at these good prices may just prove to be the right investment to make. We feel that filling your heating oil tanks at current prices will be of benefit. Get multiple #heatingoilquotes from heatingoilshop.com today and compare your local prices at any one time.
In the online broker market, you can see that some of the big name brokers, businesses without delivery assets or fuel of their own are charging more. Boilerjuice is definitely putting up their prices. DirectOil which is part of WatsonFuels are obviously not competing in the online market very well because rumour has it they are supplying Boilerjuice customers and doing their deliveries! THEY ARE NOT CHEAP. Tanktopper despite being a “UK” deliverer has cut back its terrority at Christmas to concentrate on cherry picking where they know they can deliver before Christmas and look after their existing customers. We have seen average broker prices rocket this week and proving scrooge is alive and well. Brokers are far more expensive than going to a heating oil distributor via heatingoilshop.com.
We have seen consistently low prices of 48.70ppl inc vat from heatingoilclub and highs of 65.90ppl (inc vat) from Direct Oil today at a SP3 postcode. Low and high prices are differing by 17.20ppl!!
We will always encourage you to buy #heatingoil early because brokers and suppliers want you to leave it until the last moment when to buy, you’ll panic and they will fit you in at a higher price. Its called a distress sale. Take our advice and do it now!
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. Our own online site survey which is based on 7 online broker sites and is up to date as of 10.00am this morning shows a downward trend over this 10 day period.
Today (Sunday) our average UK broker #heatingoilprice update shows 500 litres based on our survey prices at £273.45 and 1000 litres £546.91. It really is time to get multiple #heatingoilquotes from heatingoilshop.com‘s suppliers and stop paying commissions to brokers. So, hop over to heatingoilshop.com to see if you can reduce your overall #heatingoil costs this December.
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.
In #England prices rose 2.77ppl to 53.25ppl.
In #Scotland prices rose by 0.18ppl to 53.96ppl.
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 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.