Latest heating oil news, current kerosene oil costs & prices – BoilerJuice UK

All categories / October 2007

Small measures 'can help keep bills down'

Small measures 'can help keep bills down'

31 October 2007

There are lots of small improvements homeowners can make to ensure they stay warm and keep their heating costs down this winter, according to a leading house builder.Heating oil is expected to reach a record high price this winter and the Met Office has predicted temperatures will be noticeably cold... More

Profit taking causes oil to fall

Profit taking causes oil to fall

31 October 2007

Crude oil prices slumped on Tuesday as investors looked to cash in on the recent record highs.Tensions in the Middle East and continuing supply fears saw the price of US crude close at $93.53 (£45.12) on Monday - a figure which some analysts believe was an inflation-adjusted all-time high.Inves... More

Expert predicts $100 a barrel

Expert predicts $100 a barrel

30 October 2007

The cost of crude oil is likely to break the $100 (£48.50) a barrel mark in the near future, a market expert has predicted.US crude cost just under $61 a barrel at the start of 2007, but has since climbed to $93, as demand for oil products from the new economic powers of India and China grows.I... More

Production cut forces oil price up

Production cut forces oil price up

30 October 2007

The price of crude oil hit another record high on Monday as disruption to production in the Gulf of Mexico added to supply fears.Mexico's state-owned oil company Pemex announced it was suspending around a fifth of its production because of storms, resulting in a loss of 600,000 barrels a day.The cut... More

Heating oil prices 'likely to shock'

Heating oil prices 'likely to shock'

29 October 2007

The cost of heating oil is set to continue rising as winter sets in, according to a market expert.Figures compiled by BoilerJuice show the average price of heating oil in the UK has risen by 19 per cent in the past six months, while government statistics show that the retail price is already 20 per ... More

Crude breaks the $93 barrier

Crude breaks the $93 barrier

29 October 2007

The price of crude oil broke the $93 (£45.21) a barrel mark for the first time on Monday morning amid continuing supply fears ahead of the northern hemisphere winter.US crude for December delivery gained $1.40 on Friday to reach a record close of $91.86 a barrel, before climbing by a further $1... More

New record highs for crude

New record highs for crude

26 October 2007

Crude oil prices hit new record highs on Thursday amid renewed fears of supply problems during the peak demand of the northern hemisphere winter.Following on from a US Government report that revealed the country's stocks of crude and oil products are falling, it emerged that the OPEC countries are n... More

Heating oil price still rising

Heating oil price still rising

26 October 2007

The price of heating oil is continuing to rise dramatically, according to a new US government report.Figures compiled by the Energy Information Administration showed that the average cost of heating oil to residential customers increased by 7.4 cents to 286.8 cents (£1.40) a gallon last week, m... More

Oil prices surge on supply fears

Oil prices surge on supply fears

25 October 2007

Oil prices surged on Wednesday after a US government report revealed the country's stocks of crude and heating oil have fallen dramatically.The weekly update from the Energy Information Administration (EIA) showed that the stockpile of crude had fallen by 5.3 million barrels, while the distillate in... More

Heating oil estimates 'could be too low'

Heating oil estimates 'could be too low'

24 October 2007

Official estimates of the price of heating oil for the coming winter could prove to be too low, according to a US government official.The US Energy Information Administration (EIA) recently predicted that fuel costs for households using heating oil would be 22 per cent higher in the coming winter th... More

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Heating Oil Prices

Every day we check the lowest 1000 litre price of home heating oil from all our suppliers in all postcode areas and we log the minimum, maximum and average of all these prices. We then provide that information to you in a graph so you can make better decisions when buying your heating oil.

Graph showing the national average price (p/litre excl. VAT) for a 1000 litre order of home heating oil More info