Heating Oil

Great news for heating oil users as reported by the Fuel Oil News New industry figures show that despite a slow increase in heating oil prices since the start of 2016, the average annual cost of heating a home on oil has fallen again. According to the latest quarterly data from the Sutherland Tables oil remains by far the cheapest of all major home heating fuels.  Although the sustained fall in … Read more

Although most UK households use gas for central heating purposes, around four million homes in the UK run oil-fired central heating systems. This can be down to a wide selection of different reasons, but most commonly it is because the main gas network is not close enough to connect to. Efficiency Oil-fired central heating is one of the most efficient ways to heat your home. When you use a good qu… Read more

If you are ready to replace your heating boiler, it will probably come down to oil vs. gas. So what’s the difference? The Cheaper Option Heating oil may not be the cheaper option as gas has traditionally been the most popular heating fuel for UK consumers, mostly because it has always been low-cost, but there has been a massive shift in prices in recent months and with oil prices so low right no… Read more

Domestic oil prices are being priced lower than ever, however this wasn’t always the case. It was not so very long ago that analysts were sceptical the price of crude oil would fall below $30 a barrel. After all, in January 2014, crude oil was selling for more than $100 a barrel, which was hitting UK consumers pretty hard. Today the situation is very different. The price of oil has plummeted in … Read more

It was widely reported in the press before Christmas that heating oil prices had fallen to an eight-year low in Ulster, despite an upsurge in demand following the recent cold spell, which saw snow, ice and sub-zero temperatures throughout the province and elsewhere in the United Kingdom. The Belfast Telegraph reports that the average price of 900 litres of the fuel has been halved to roughly £250… Read more

Mark Twain famously said that “climate is what we expect, weather is what we get”. To no country on earth could this apply more accurately than the United Kingdom, where we experience wildly variable weather conditions but where, paradoxically, we have a touching faith in the powers of forecasters when they tell us what to expect. Given how useful being armed with intelligence about th… Read more

The international oil markets remain volatile, and analysts predict that the uncertainty will persist for many months to come. The underlying reasons for the market fluctuations have been examined at length by the media and business commentators, and the central issue remains weak demand coupled with over-production in many oil-exporting countries. The volatility naturally affects large corporatio… Read more

When considering methods of heating homes, there is perhaps the temptation to think only in terms of electricity and gas, especially outside of more remote rural areas. There are, however, many clear advantages to be gained from using heating oil, which can be a cost-effective and highly efficient way of heating your home. What Is Heating Oil? It is a product obtained from crude oil by a technical… Read more

Predicting upcoming patterns in domestic heating oil prices is a notoriously challenging task. This difficulty is currently being compounded by various global geopolitical factors and a general oil market which is, to say the least, unstable.               There is currently little consensus among market analysts, who point out that recent increases in oil prices… Read more

News for heating oil users: The UK could be set for one of the coldest winters on record. Although we see reports like this quite often, there seems to be quite a bit of backing for reports that this Winter could be a cold one, with the MET Office also suggesting that it could be a cold winter. The Telegraph are reporting that: “Britain braced for long, snowy winter as strongest El Nino sin… Read more