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Oil Prices Rising Again

  • 06-02-2015 3:46pm
    #1
    Registered Users, Registered Users 2 Posts: 2,824 ✭✭✭


    Might be time to order home heating oil, if you want to get the lowest price. I notice some suppliers have increased the prices slightly from yesterday. Other still static.

    Probably not the end of the current low price era, but we may have hit rock bottom.


Comments

  • Registered Users, Registered Users 2 Posts: 3,883 ✭✭✭pa990


    Crude Oil has risen slightly again, but i'd say the main price rise is due to the Euro loosing value against the Dollar.

    Economists forecast that the Euro could hit parity against the Dollar, so unless oil drops to $30 a barrel, we will continue to see home heating oil rise in cost.

    btw, my local oil distributor went up by 2¢ on monday, followed by another 2¢ rise on wednesday.

    4¢ in one week rise on kero


    Fortunately i filled up recently at 60¢/l
    but as soon as i have half a tank burned off, i'll top up again and get a few 25L drums filled as well

    (700L seems to be the general amount that you get a cheaper price on)


  • Registered Users, Registered Users 2 Posts: 1,105 ✭✭✭cocoman


    I just checked there and it was €342 for 500l. Same amount last week was €310. Big jump in one week !


  • Registered Users, Registered Users 2 Posts: 53,063 ✭✭✭✭tayto lover


    The feckers put it up a lot quicker than they took it down :mad:


  • Banned (with Prison Access) Posts: 1,066 ✭✭✭restive


    Just paid 64c for 900 litres.


  • Registered Users, Registered Users 2 Posts: 3,883 ✭✭✭pa990


    another 1¢ rise today with my local suppliers.

    :(


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  • Registered Users, Registered Users 2 Posts: 1,105 ✭✭✭cocoman


    cocoman wrote: »
    I just checked there and it was €342 for 500l. Same amount last week was €310. Big jump in one week !

    Up again.
    500l is now €358 (71.6 c/l).
    1000 l would be €688 (68.8c/l) :(


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