Why Does The Heating Oil Price Change So Much? Unfortunately, the answer isn’t a simple one as there are so many factors that influence your heating oil price. We’ll bring it down to 4 main factors that have a major impact on the price of domestic oil: Political;  Logistical and then our beloved weather. Political – Countries are constantly working to try and increase their GDP and oil is u… Read more

Whereas the majority of the countries on the continent chose gasoil for heating, the UK opted to meet its heating oil needs predominantly with kerosene due to its suitability for use in vaporising burners. Gasoil became Europe’s favourite as it was cheaper than kerosene. Prices of oil-related products are presently at their lowest in years, but concerns over the quality of Britain’s ke… Read more

 The Organisation of Petroleum Exporting Countries (OPEC) will reduce output to a range of 32-33m barrels per day which is nearly a 1m barrel decrease. OPEC members reached an agreement yesterday on the oil production-limiting deal. This will have a massive impact on the price you pay for your home heating oil! The US Dollar (USD) also fell against the Norwegian Krone with Norway being a major cr… Read more

Donald Trump. The mere mention of his name these days is enough to conjure up an opinion; good, bad or worse. But what could he do for the oil industry? Could one man affect the price you are paying for your domestic heating oil. There are suggestions that the oil industry is one of the things he could be very good for. He supports further deregulation of the oil market which, among other things, … Read more

With the colder months approaching and the price of oil going up; we at ValueOils.com understand that you want to stock up on as much heating oil as possible in order to save some money! But just how much boilerjuice can your oil tank take? Well, do these look familiar? These are the most commonly used oil tanks however if your tank isn’t here then hit us up on the live chat and we’ll be happy… Read more

Do you have trouble finding an oil company that can deliver to your address? Well, just as oil tanks come in all shapes and sizes; so do our heating oil tankers! But this isn’t to win no beauty competition, our tankers are designed to fit and coordinate every nook and cranny on the road to get you your heating oil delivery. Whether you need a baby tanker/mini tanker to negotiate a tight and wind… Read more

Alongside Brexit, another topic that has perpetually been making headlines for months, if not years, is the return of low oil prices after over a decade of historically unprecedented highs. The price of oil per barrel as measured by the Brent crude standard reached a high of over $120 in early 2012, and remained around a steady $110 per barrel until the middle of 2014, when the price swiftly dropp… Read more

When thinking about the legal use of red diesel, or gasoil, as it’s also known, what comes to mind? Agricultural vehicles are probably the first category that occurs to most people, but a lesser-known instance is in private pleasure boats and yachts, provided that duty is paid on 60 per cent of the fuel purchased. In many EU states, marine use of gasoil is banned, and since 2014 the topic ha… Read more

Sometimes, there is some confusion about red diesel fuel and regular automotive white diesel fuel. In terms of chemical make-up, there is no difference at all apart from the fact that red dye has been added in order to determine which diesel is being used. When purchasing, red diesel is also a lot cheaper than normal diesel and is intended to be used in vehicles in the agricultural and constructio… Read more

On Thursday 23rd June 2016, the UK voted to leave the EU in an historic referendum. The result came as a shock to many, and the stock and currency markets were no different, having bet on the UK voting to remain as a member of the EU. In the week leading up to the referendum, heating oil prices were fairly flat, while sterling strengthened significantly vs the US$. If you are planning your fue… Read more