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67 pence per litre is the average heating oil (House Heating Oil) price in the UK, the average kerosene price in the UK over the last 6 months is 67 pence per litre including VAT.
Heating oil (House Heating Oil) prices have risen beyond expectation and are definitely following and upward trend, keep an eye on crude oil prices and your be able to spot the trend for heating oil.
500 litres of heating oil (House Heating Oil) even in winter will last 2 to 3 months.
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The average home heating oil price in Scotland is 67 pence a litre.
The best time to buy heating oil is in the summer as the price of heating oil is affected by supply and demand, in summer when the weather is warm and households use less heating the demand for heating oil is low and the price falls.
The cost of oil fluctuates throughout the year as the demand for oil increases or decreases, when demand is low the price of heating oil drops making the summer the best time to buy heating oil at low prices, specifically heating oil is cheapest between April and September.
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Experts forecast that the price of heating oil will go up, the increasing prices are driven by a shift from natural gas to oil as gas supply reduces on the global markets.
Buying your heating oil during the summer months is a better bet as prices drop as there is less demand.
Heating oil costs more than gas as natural gas is far more efficient at providing heat energy, the worst method of heating is electricity, so oil or gas are better options.
There are many reasons why one household's heating oil consumption is more or less than another, 1,000 litres of heating oil may last one home a year and it may last one family three months.