How Brexit May Effect Heating Oil Prices
In the lead up to the referendum, we created a blog post regarding the effect of Brexit on heating oil prices. As today is the day Britain leaves the EU, here’s an update of what you might expect in terms of heating oil prices in the coming months.
As the UK stock market changes as a result of Brexit and our buying power decreases, it’s highly possible that heating oil prices could increase. With the majority of heating oil in the UK originally coming from France, Brexit could therefore cause the UK to see potential delays as well as increased tax on heating oil.
As there are a number of factors in relation to Brexit that may affect the prices of heating oil in the near future, below we’ll share a couple of tips to ensure you continue to get the best deals on your heating oil, throughout Brexit and the winter months:
Compare prices regularly
Regularly check our Live Heating Oil Price Comparison Graph to ensure you’re paying the cheapest price possible for your heating oil.
Stock up on plenty of heating oil in advance when prices are lower so you have plenty to see you through the colder months and beyond.