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Heating Oil Prices - Northern Ireland

The price of heating oil in Northern Ireland is often quite different to the price of heating oil in Great Britain. Over 65% of homes in Northern Ireland use heating oil rather than mains gas. Local heating oil suppliers in Northern Ireland often have very loyal customers, however after speaking to a lot of our customers we've found that they've been able to make significant savings by ordering through HomeFuels Direct.

Generally tank sizes in Northern Ireland are smaller so we offer a lower minimum order volume of just 300 litres, meaning our customers can save money and pay less to fill up their heating oil tanks.

What is the price of heating oil?
Pence per Litre in Northern Ireland
As of 19:18:13 on 17/10/2019 for orders over 900 litres.

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Heating Oil Price by County

Over the years we’ve built strong relationships with heating oil suppliers in all of the counties throughout the United Kingdom. A lot of people aren’t aware that the price of heating oil can vary from county to county, use our tool below to find the most accurate heating oil price for where you live:

Live Heating Oil Price Comparison Graph

As you can see, the price of kerosene varies quite a bit from day to day, even from hour to hour in some cases, so we have provided this graph to show you the general direction that prices are heading in. Please note the actual price charged when you place your order may be slightly different due to a number of factors; delivery location, quantity, comparison site/broker's fees etc.

Live Graph Comparing Heating Oil Prices
Live Graph of Annual Heating Oil Price
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What affects heating oil prices?

As with the price of crude oil there are various reasons why heating oil prices vary each day. Although it’s extremely difficult to predict changes in price we’ve put together some of the key factors that contribute to those changes. Once you know what affects heating oil prices you can make a better informed decision about whether it's a good time for you to top up your tank.

HomeFuelsDirect Oil Tanks

Political Factors

OPEC Agreements

The Organisation of the Petroleum Exporting Countries (OPEC) is a group of 12 member countries. The organisation meets regularly to co-ordinate policies, in an attempt to stabilise global oil prices whilst maintaining a reliable supply. Agreements made by OPEC can affect Crude Oil Price, which in turn causes changes to the price of domestic fuels.

Foreign Exchange Rates

In the United Kingdom we import a lot of our heating oil from other countries, this means changes in exchange rates can directly affect the amount you pay for your home heating oil.


It’s well known that conflict in oil producing countries affects the price of crude oil. Even if it is still possible to export oil from conflict zones the cost for that oil can increase dramatically. This is down to the need for additional protection and security at oil extraction facilities and refineries.

Economic Factors

Supply & Demand

Throughout the year the demand for heating oil rises and falls depending on the seasons and the weather. As demand rises prices can increase as the higher demand puts a strain on the supply. In recent years periods of oversupply have lead to dramatic decreases in the price of kerosene.

Crude Oil Price

As kerosene is refined from crude oil it’s price is directly linked to the price of crude oil. Another factor to bear in mind is that the cost to refine crude oil to kerosene can also vary, again leading to changes in home heating oil price.

Fuel Duty & VAT

Whilst Fuel Duty and VAT rarely change it’s important to remember that they’re payable and contribute to the amount you pay for your fuel oil. To find the up to date Fuel Duty Rate and VAT rate for domestic heating fuel click here.

Logistical Factors

Delivery Costs

As the price of petrol and diesel fluctuates suppliers change what they charge for kerosene. They do so to cover increased delivery costs or to pass on savings in deliveries, depending on which way fuel prices have shifted.


Although poor weather can lead to changes in demand the weather can also lead to increased delivery costs. Poor weather conditions can mean deliveries take much longer, increasing the amount suppliers have to pay their drivers and also increasing the amount paid for petrol/diesel.

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