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Get better value – buy your home heating oil early

20th June 2014 All News and Offers

The price you pay for your home heating oil is directly influenced by the wholesale price we pay, which fluctuates on a daily basis.

Barrels of oil showing fluctuation in pricesOil is traded on the world market and as such there are various reasons why the price of heating oil fluctuates greatly throughout the year. As the recent events in Iraq have shown, oil can respond quickly to events that cannot be easily predicted and this can have an adverse effect on heating oil prices.

Historically, summer is the best time to buy your home heating oil as demand is low and that drives down the price. Conversely, December is the most expensive time as demand is usually at its highest.

Planning ahead and buying at a time when heating oil prices are low gives you the most flexibility and best value. For our latest home heating prices please use our quote form and contact your local depot to enquire about our prepayment plans to help you budget the cost of future orders.