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Heating Oil Prices 

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External factors affecting oil prices

  • 1 The strength of the pound against the US dollar
  • 2 Supply and demand with increased demand often increasing prices
  • 3 Events in oil-producing countries
  • 4 Changing refinery prices

How much to heat a home?

It's hard to say exactly how much heating oil costs a year because, as well as changing prices, some homes use more than others. This is due to:

  • 1 The size and age of your house
  • 2 The amount of insulation
  • 3 Different weather conditions and temperatures
  • 4 How your home is heated - on constantly or just when you're there