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The easier way to order heating oil

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Quote

Prices From Only
48.79
Pence/Litre

Nationwide deliveries with your choice of tanker size
Orders placed after 5pm are processed on the next working day which may affect delivery date.
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Heating Oil Prices - Scotland

The price of heating oil in Scotland can often be a little higher than the price in the rest of the UK, especially in the Highlands and the more remote areas of Western Scotland. We've worked especially hard with suppliers in these areas to ensure that even the most remote area can get cheaper heating oil. Use our Instant Heating Oil Quote form to get an exact price for your postcode.

23% of homes in Scotland use and we're proud to help many of those homes save money by working to offer the best heating oil prices on the market. To see how our prices compare to our key competitors view our Heating Oil Price Comparison graph below.

What is the price of heating oil?
54.79
Pence per Litre in Scotland
As of 16:11:39 on 19/12/2018 for orders over 900 litres.

Please select your country below:

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.

Conflicts

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.

Weather

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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