Heating oil increase this morning

[reb78]

Oil prices have dramatically slumped in the last few days. Boilerjuice is giving a price of just over 50ppl for me. How much further do folk think they will drop? I cam squeeze about 3000l in at the moment.

 

[OJCar]

Boilerjuice hopelessly uncompetitive for here at 69.37ppl (ex vat).

HomefuelsDirect offering 53.99ppl (ex vat).

 

[MysterG]

Our usual, Ford fuels want 61ppl

Boilerjuice 95ppl

 

[prepman]

Oil prices have dramatically slumped in the last few days. Boilerjuice is giving a price of just over 50ppl for me. How much further do folk think they will drop? I cam squeeze about 3000l in at the moment.

18p....as was before the Russia sanctions?

 

[reb78]

18p....as was before the Russia sanctions?

I doubt we will ever see that again!

 

[fizzy]

18p....as was before the Russia sanctions?

18p was never a sustainable realistic price.

 

[fizzy]

53p for Swansea area with boiler juice

 

[addjunkie]

50.08 is the cheapest up here plus tax so about 52.5 per litre

 

[prepman]

18p was never a sustainable realistic price.

I remember with ten shillings,,,you could have a great night out, cinema, taxi, meals and still half crown left over.

 

[500e]

54.7p with Newslog
www.newslogs.co.uk
A South West group .

 

[JOEPRO]

It does say in the news today that Brent crude prices have dropped to covid 19 levels as of today.

Hmmm I don't like being organised but I may watch oil prices and get some in for next winter.

 

[OJCar]

HomefuelsDirect offering 51.99ppl (ex vat) here, down 2ppl since yesterday.

 

[reb78]

Where's the dip going to stop?!

 

[OJCar]

Brent crude prices

Where's the dip going to stop?!

The lowest since 2012 was US$28.94 on 15 Jan 2016.
Lowest in the Covid period was US$32.12 on 24 Apr 2020.

 

[Blobber]

I'm going to put my poker face on a wait a bit to see what happens!

 

[reb78]

I'm going to put my poker face on a wait a bit to see what happens!

Haha. That's where I'm at but I always get it wrong.

 

[prepman]

View attachment 491647



The lowest since 2012 was US$28.94 on 15 Jan 2016.
Lowest in the Covid period was US$32.12 on 24 Apr 2020.


View attachment 491648

I seem to remember it dipping lower for a very brief time during covid, a boilerjuice chart.

 

[armalites]

I didn’t really drop that much during COVID. The biggest drop I’ve seen in 20 years of buying was February about 5-6 years ago when I paid 18p/L which was the lowest I’d ever paid. That totally went against the common belief that it’s cheaper in summer. I have a 2500L tank and I try and fill up while it’s cheap but I only buy 500L at a time while the prices are high. In recent years it’s been virtually impossible to predict.

 

[voipio]

The price of crude oil went into negative territory back in the spring of 2020, leading to the remarkably low heating prices at the time.

US oil prices turn negative as demand dries up

Coronavirus downturn has put major pressure on oil prices with demand slumping and storage running out.

www.bbc.com

 

[knighty]

46.5p/litre here via boiler juice

that's for 2000litres, but price doesn't seam to change much with more/less quantity

can't wait for the solar install and heat pumps, not sure how much is left in the tank (2000litre tank) but we've only been here 6 months and we've bough 6000litres of oil :-o