What is the current cost of heating oil in the UK?
In March, the average price was approximately 48 pence per litre and in April this figure dropped to just under 46 pence per litre. From January to March 2021, the UK heating oil prices gradually increased from about 42 pence per litre to about 48 pence per litre.
Why is heating oil so expensive at the moment?
There are several factors that impact heating oil prices and a household's ability to get the cheapest heating oil. These include crude oil prices, refining costs, distribution and delivery costs, increases in demand, VAT rates, weather conditions and currency exchange rates.
Can I buy less than 500 Litres of heating oil?
The smallest bulk delivery of any oil CPS Fuels can make is 500 litres. This is the minimum volume approved by Trading Standards for the Bulk Meters used on our delivery tankers.
How long should 1000l oil last?
1000 litres of heating oil may last one home a year, and it may last one family three months. It may feel like you have a lack of control over your heating oil usage, however, knowing your usage and costs will put you in a much stronger position and help put you in control.