Police are warning heating oil users in East Anglia to remain vigilant as winter approaches, according to local sources. Norfolk Constabulary has advised householders, farmers and anyone else who uses a heating oil tank to lock them up in a bid to reduce fuel crime, reports the Norwich Evening News.... More
The coming winter is likely to be milder and drier than usual, according to a new report. A seasonal forecast by the Met Office suggests that after a wet summer, Britons are likely to face a dry and warmer winter. This is good news for heating oil customers, as crude oil prices in the US continue to... More
Crude oil prices could be on the way back to the record levels of July, according to a leading analyst.Stephen Schork, an oil trader and analyst, told the Associated Press: "We could be back on the road toward $150 (£80.91) a barrel."Mr Schork added that the weakening economy and lack... More
Oil prices in the US made a record one-day gain on Monday amid fears that a planned $700 billion (£378 billion) government financial aid programme will lead to rising debts. The futures market had at one point jumped over $25 in one day to $130 - a record gain - before eventually closing at $12... More
Home heating oil prices in Northern Ireland have dropped sharply in the last month, according to a local paper. The cost of heating oil has fallen by 12 per cent between August and September, the Belfast Telegraph reports.It surveyed several online providers and found BoilerJuice to be among the che... More
Crude oil prices in the US briefly tipped $100 (£55.61) a barrel on Thursday, before falling back to finish at $97.88, as uncertainty over the economy and lower demand continued. The rise in value - which saw prices for October delivery briefly reach $102.24 - has been attributed to traders inv... More
Homeowners in Somerset have been advised to be aware of the threat posed by potential heating oil thieves.The recommendation was made by local police after a small increase in the number of such crimes was noted, reports the Bristol Evening Post.PC Paul Morris, crime reduction officer with North Som... More
The price of domestic heating has surged up 80 per cent over the last year, according to the Belfast Telegraph. In response, the paper is launching a campaign to compare the prices of consumer goods and fuel among different retailers in Belfast. Price variations between shops can be as much as 157 p... More
Crude oil in London was trading at around $90.70 (£50.55) this morning, which is likely to result in lower home heating oil prices in the coming months.The drop comes after the impact of Hurricane Ike on US oil refineries was less pronounced than expected. Ike destroyed at least ten oil platfor... More
The after effects of Hurricane Ike could cause oil prices to rise again, meaning that heating oil prices could also climb. Hurricane Ike hit the US over the weekend, causing widespread damage and closing several oil refineries in Texas and Louisiana. Around 15 oil refineries with a total capacity of... More
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