2020 Heating Oil Price Update

21/02/2020 | Fuelfighter
Reading time: 2 minutes

Heating oil prices are affected by many different factors and as we all know, fluctuations in price can be frequent and sometimes unpredictable. We can already see that compared to January 2019 the average cost of heating oil in January 2020 was 3.6p more expensive. This was despite the average UK weather actually being warmer.

So far this month the average price of oil has been considerably lower than last month. February has already seen two major storms hit the UK, yet heating oil prices have remained low.

This is unusual behaviour as severe weather often impacts prices. However, whilst weather can add strain to distribution and delivery it is just one factor affecting prices. Other significant factors include the cost of importing crude oil, refinery costs and the political climate. Click here for more information on UK heating oil prices.

The graph below shows the recent trend in heating oil prices compared to the average UK weather across the last 12 months.

Rest assured that despite the severe weather we have been experiencing as a result of storm Ciara and storm Dennis, our distributors will always do their best to deliver your fuel as quickly and safely possible.

Particularly in times of bad weather it is always best to order your fuel in plenty of time. Not only does this give you the chance to get our cheapest price, with the 10-day economy delivery service, it’s also worth mentioning that in times of peak demand and bad weather, quicker delivery services may not always be available if slots have been booked.

Remember, with Fuelfighter there are no service charges and the price you see is the price you pay.

Instant Quote

Fuelfighter is dedicated to bringing you competitively priced heating oil, from local suppliers.

We offer:

  • A range of delivery options to suit your calender
  • A network of trusted, local suppliers
  • Premium heating oil products
  • A free loyalty membership scheme

Following your first order with Fuelfighter you will automatically be enrolled in our free loyalty membership scheme, where benefits include:

  • Exclusive special offers and discounts
  • Energy saving tips and advice
  • Email alerts to check your tank levels