Early Birds get the Oil
With fuel prices at the pumps rising again this autumn, it will come as no surprise that the cost of heating oil is also likely to increase this winter. The good news is that oil is generally 35% cheaper than this time last year, so the ‘early birds’ filling their tanks this year will still save money. We are getting used to oil price fluctuations but the current volatility in the market price of crude oil, where prices have doubled since February’s low of $32 a barrel, have got all the pundits guessing. There are those who predict prices could be back above $100 a barrel by the year end, sighting global shortages and uncertainty in the financial markets, but this would have a major impact of economic recovery around the world. At the moment there is plenty of oil in the pipeline and the cost of domestic heating (28 second burning) oil has remained pretty stable throughout the summer months, but all that could change with the onset of higher demand this winter. So now is a good time to check the level in your tank and to order oil for next winter before prices start to increase.
Making Sense of Oil Prices
With fuel prices at the pumps rising again this autumn, it will come as no surprise that the cost of kerosene based fuel oils is also likely to increase this winter. The good news is that oil is generally 35% cheaper than this time last year, so those taking the opportunity to fill tanks now will still save money.
A GOOD TIME TO BUY HEATING OIL!
The decision by OPEC, the organisation of oil-producing nations, to cut the number of barrels it supplies, means that buying domestic heating oil now is likely to be a wise move
INTERNET BANKING
We are receiving an increasing number of requests from customers who want to pay for their heating oil by Internet banking.
Why Oakley's?
We pride ourselves on our standards of service, efficiency and friendliness and we are full members of our trade association, the Federation of Petroleum Suppliers. The Oakley's teams based at Telford and Kingsbury are both dedicated to providing you with top quality heating oil, road and agricultural fuels, fuel storage tanks and lubricants, when and where you want them - and with a smile that says 'Thanks for buying from us'.
We've been going since 1970 and our operating areas and customer numbers have expanded throughout that time. We're proud of our reputation and, if you've never bought from us before, we would very much like the opportunity to prove to you that we are as good as we say we are. Please give us a ring. 01952 684 600 (Telford) 01827 875588 (Kingsbury)
If you want to know more about any aspect of heating oil, try our Oil FAQs page, or give us a ring!
