Heating Oil

So far, 2015 has seen oil prices plunge significantly against 2014 prices and lows of around $45 per barrel were reached in January 2015. Oil Prices then stabilised at around $55 – 60 per barrel from February – May 2015. Since then however, prices have been declining again and at the time of writing are just below $45 per barrel – 6 ½ year lows. These lower prices are great news for our cus… Read more

As many heating oil users will know, heating oil prices hit a 5 year low in January 2015, with prices reaching around $45 per barrel, falling from around $120 per barrel in the previous summer – great news for our heating oil customers. Prices tumbled due to a number of reasons, but in particular, fracking carried out across the US massively increased supplies.  Despite these increased supplies… Read more

Good news for heating oil users has continued throughout November 2014 as heating oil prices declined by almost 10% from the beginning of the month.  In some areas of the UK 900 litres is now below £400 – a significant decrease, especially when the price has fallen from over £500 at the same time last year. There are a number of factors which have resulted in falling prices and we examine… Read more

UK heating oil prices have been declining for around the last 18 months. The good news for heating oil users is that the average UK heating oil price has fallen by around £60 on 1,000 litres vs. the same time last year and over £100 vs. 18 months ago. So, if you are thinking of ordering 1,000 litres this summer, you may want to know how long you can expect your heating oil to last.  There are a… Read more

In March 2013, the Scottish Government announced that they would be holding a referendum to decide if Scotland should become an independent nation. The referendum is due to be held on 18th September 2014 and could have implications for the exchange rate, North Sea Oil and Gas reserves and the economy.  As well as this, Scottish voters must also consider changes in taxes, pensions and savings. Sco… Read more

Fuel poverty has long been recognised as a problem in society.  It is generally assumed that a home spending more than 10% of its income on heating is in fuel poverty, though the actual definitions have recently changed slightly.  You can read more about official government fuel poverty statistics by clicking here. Causes of Fuel Poverty Fuel poverty has unfortunately become an increasingly comm… Read more

Heating Oil Prices 2014 What heating oil price trends can you expect in 2014? ValueOils.com monitor heating oil prices on a daily basis and often find that the price will do the opposite of what would normally be expected, with peaks and troughs throughout the year.  We recommend keeping an eye on political unrest around the Middle East and the UK Exchange Rate as well as the weather forecast. We… Read more

 As a nation we waste around £11billion of energy every year, meaning for every £3 spent on heating your home £1 is wasted through poor energy efficiency! With winter on its way Value Oils want to help reduce your heating bills, thus saving you money.  Follow our top ten tips on how to not only reduce your heating oil bill but also save money on your electricity bills. Boiler servicing: Many … Read more

ValueOils.com has been specialising in processing online heating oil orders since 2006 and a lot has changed since then.  We have tried to make our website as user-friendly as possible, but if it’s your first time visiting or you aren’t exactly sure how to go about placing an order, please keep reading for all you need to know. How to get a price This is a key consideration for heating oil us… Read more

Heating oil prices traditionally tend to be lower in the summer than the winter due to the laws of economics and supply and demand.  Although we can never be sure when UK weather is concerned, it is almost a certainty that demand for heating oil will be substantially higher in the UK during the cold winter months. In the last week temperatures have been soaring throughout the UK, with many areas … Read more