The price of oil products is set to end May at a lower level than the start of the month, a move which may encourage people to purchase heating oil if these prices fall as a result.This is the first time this year that the cost of oil is likely to fall over the course of a month, with concerns about... More
Individuals living in remote areas of Scotland may like to ensure their heating oil supplies and other expensive possessions are secure following a spate of thefts.The Ayrshire Post reports that there have been scores of raids on rural properties in the county in the last few months, which has led p... More
The price of heating oil rose by more than two per cent in trading on Wednesday (May 25th) as investors reacted to concerns over a possible lack of supply.New data from the US government revealed that inventories of distillates – which includes the commodity, as well as other fuels such as die... More
Individuals living in rural parts of the UK who struggle to afford the cost of heating oil in the winter may welcome a call from one MP for a review into the issue.Roger Williams, MP for Brecon and Radnorshire and deputy leader of the Welsh Liberal Democrats, urged the Department of Energy and Clima... More
A series of new levies to be placed on firms operating in the North Sea, which may impact the price people pay for commodities such as heating oil, has been criticised by Scotland's first minister.Alex Salmond called the rise in the tax on oil and gas production from 20 per cent to 32 per cent a... More
Worries about the possible effects of the eurozone debt crisis led to falls in crude oil and heating oil yesterday (May 23rd) as investors looked for safer havens for their investments.Reuters reports that prices for crude fell by two per cent in response to the single currency hitting a two-month l... More
The number of reported cases of heating oil theft in Devon and Cornwall has risen dramatically over the last few years, new figures have revealed.Statistics obtained under a Freedom of Information request showed that between 2006 and 2010 there were 442 reported cases of heating oil being stolen in ... More
People who are looking for cheap heating oil to keep their homes warm may be all too aware of the negative effects of fuel poverty.Michael Marmot, professor of epidemiology and public health at University College London told the British Medical Journal podcast that he had been surprised by just how ... More
A review of the UK's energy market, which may include heating oil sales, has concluded that regulator Ofgem should remain a fully independent body.The report, from the Department for Energy and Climate Change (DECC), also plans to strengthen the system by clarifying the roles of Ofgem and the go... More
Farmers in parts of Essex have been looking to hire private security after a spate of thefts that has seen heavy machinery and red diesel stolen.The Essex Echo reports that around £1.5 million worth of equipment and fuel has been taken from locations in the south of the county in past incident... More
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