Heating oil big drop

StonedRaider · 29-03-2021 10:43am

Anyone from Galway West getting any better than 0.60c/lit for 750litres(€452)

Edit: 750litres €440 Top oil Galway 0.58c/lit

silver2020 · 29-03-2021 11:55am

StonedRaider wrote: »

Anyone from Galway West getting any better than 0.60c/lit for 750litres(€452)

Edit: 750litres €440 Top oil Galway 0.58c/lit

top oil code Easter20 for €20 off

StonedRaider · 29-03-2021 2:01pm

silver2020 wrote: »

top oil code Easter20 for €20 off

It's €452 for 750lit with Easter20 online
€440 for 750lit ringing them.

Done the ringing around all the usual suspects in Galway, Top cheapest by 6c per litre compared to anyone else. Don't need oil, but thought I'd top up before the carbon tax increase in 4weeks.

AwaitYourReply · 29-03-2021 3:39pm

Markets:

Oil Falls With Focus on OPEC+ Meeting After Suez Blockage Ends
By Andres Guerra Luz and Alex Longley
28 March 2021, 23:58 GMT+1 Updated on 29 March 2021, 15:04 GMT+1

OPEC+ ministers to meet April 1 to set supply policy for May
Suez Canal navigation to resume after Ever Given was freed

Full story via Bloomberg.com

Source:
https://www.bloomberg.com/news/articles/2021-03-28/oil-opens-week-with-drop-toward-60-in-run-up-to-opec-meeting?srnd=premium-europe

Hopefully, the end of the Suez Canal blockage after 6 days will slow down the rise in the price of commodities like Oil etc;

Darc19 · 29-03-2021 8:18pm

AwaitYourReply wrote: »

Markets:

Oil Falls With Focus on OPEC+ Meeting After Suez Blockage Ends
By Andres Guerra Luz and Alex Longley
28 March 2021, 23:58 GMT+1 Updated on 29 March 2021, 15:04 GMT+1

OPEC+ ministers to meet April 1 to set supply policy for May
Suez Canal navigation to resume after Ever Given was freed

Full story via Bloomberg.com

Source:
https://www.bloomberg.com/news/articles/2021-03-28/oil-opens-week-with-drop-toward-60-in-run-up-to-opec-meeting?srnd=premium-europe

Hopefully, the end of the Suez Canal blockage after 6 days will slow down the rise in the price of commodities like Oil etc;

oil fell about 50c and then rose.

Always read past the headlines.

Oil has been fairly steady for the past couple of weeks averaging $65 for brent crude. Down from the average $70 from the previous 2 weeks, but a near 3% drop in the value of the US dollar has meant the real change is very small.

cathy427 · 30-03-2021 2:12pm

hopskipandjump wrote: »

EASTER20 gives €20 off 500 litres until 5th April. 500 litres coming in at €350 in my area, applying promocode brings it down to €330 but when I phoned the depot to enquire about price, I was quoted €315. It pays to give a quick call.

Thanks for that - was about to order at the €330, saw your post and gave them a ring and got it at the €315 (had checked and all the others were hovering around the €330 mark for 500 litres)

bazz26 · 30-03-2021 5:53pm

FYI, carbon tax increases deferred from last October's budget get applied from 1st May.

wassie · 08-04-2021 12:32pm

The downward trend on prices since the middle of last month continues with another fall in the last few days. Just picked up 1000L @ €590 in Galway which will see me across to the other side of summer.

If theres been one positive out of the pandemic its been a great 12 months for oil heating costs.

slimshady007 · 08-04-2021 12:51pm

bazz26 wrote: »

FYI, carbon tax increases deferred from last October's budget get applied from 1st May.

How much will that add to say 1000 litres of heating oil?

wassie · 08-04-2021 1:49pm

https://www.moneyguideireland.com/carbon-tax-how-much-will-it-cost-you.html

The increase to €33.50 per tonne will result in the following approximate price increases in May 2021

€0.75 extra on the cost of a 40kg bag of coal;
€0.18 cents extra on a bale of peat briquettes;
€16 extra on the average annual gas bill
€17 extra on 900 litres of heating oil

Pro-rata for 1000L will cost an additional ~€18.89

Fann Linn · 08-04-2021 8:12pm

wassie wrote: »

The downward trend on prices since the middle of last month continues with another fall in the last few days. Just picked up 1000L @ €590 in Galway which will see me across to the other side of summer.

If theres been one positive out of the pandemic its been a great 12 months for oil heating costs.

Don't mind asking but which company gave you that price here in Gaillimh. Just rang around a few and they're all quoting around the €615/€620 mark.
Thanks.

Darc19 · 08-04-2021 8:35pm

Fann Linn wrote: »

Don't mind asking but which company gave you that price here in Gaillimh. Just rang around a few and they're all quoting around the €615/€620 mark.
Thanks.

Check www.cheapestoil.ie and it will give you the options.

Fann Linn · 08-04-2021 8:49pm

Darc19 wrote: »

Check www.cheapestoil.ie and it will give you the options.

Thanks

SCOOP 64 · 09-04-2021 7:43pm

Darc19 wrote: »

Check www.cheapestoil.ie and it will give you the options.

According to cheapestoil every oil supplier in wexford is the same price?

CoBo55 · 09-04-2021 8:27pm

SCOOP 64 wrote: »

According to cheapestoil every oil supplier in wexford is the same price?

No surprise there in cartel central.

Darc19 · 09-04-2021 9:26pm

SCOOP 64 wrote: »

According to cheapestoil every oil supplier in wexford is the same price?

Have a look properly, some prices are 3 weeks old. Anything over a week old is unreliable.

Prices on the site are entered by the companies. They'll look at what their competitors are charging and try and match.

Seems five suppliers from Wexford are listed - I'm sure there are many more.

SCOOP 64 · 09-04-2021 9:43pm

Darc19 wrote: »

Have a look properly, some prices are 3 weeks old. Anything over a week old is unreliable.

Prices on the site are entered by the companies. They'll look at what their competitors are charging and try and match.

Seems five suppliers from Wexford are listed - I'm sure there are many more.

So a pointless site then

CoBo55 · 09-04-2021 10:17pm

Darc19 wrote: »

Have a look properly, some prices are 3 weeks old. Anything over a week old is unreliable.

Prices on the site are entered by the companies. They'll look at what their competitors are charging and try and match.

Seems five suppliers from Wexford are listed - I'm sure there are many more.

I've never gotten a cheaper price by ringing any of the companies listed on the site here in cartel central, in fact some tried charging me more:pac:
I just hung up and picked another cartel member..

wassie · 12-04-2021 10:53am

Fann Linn wrote: »

Don't mind asking but which company gave you that price here in Gaillimh. Just rang around a few and they're all quoting around the €615/€620 mark.
Thanks.

Darc19 wrote: »

Check www.cheapestoil.ie and it will give you the options.

As Darc19 posted, MorOil at €589.86 / 1000L was quoting the lowest on the website.

Did the ring around and normally I would get at least one better price, however, no one would beat that price last week but 3 would match.

Darc19 · 18-04-2021 4:01pm

wassie wrote: »

The downward trend on prices since the middle of last month continues with another fall in the last few days. Just picked up 1000L @ €590 in Galway which will see me across to the other side of summer.

If theres been one positive out of the pandemic its been a great 12 months for oil heating costs.

and a sustained jump back to $67 last week will see a double whammy of carbon tax and oil price increase feed in together about 1st May. It will add about €50-€60 on current prices for 1,000 litres

Vic_08 · 18-04-2021 4:16pm

SCOOP 64 wrote: »

According to cheapestoil every oil supplier in wexford is the same price?

They nearly always are, it's not the site.

One changes price and they all match within a day or two, never the cheapest across the country either.

During the big drops last year Wexford never hit the lows many other counties saw, all it would have taken was one supplier to undercut but as a previous poster has said they operate a nice little cartel and they all held the line and kept their nice margins at the expense of consumers.

joeysoap · 18-04-2021 5:38pm

wassie wrote: »

https://www.moneyguideireland.com/carbon-tax-how-much-will-it-cost-you.html

Pro-rata for 1000L will cost an additional ~€18.89

Might be cheaper to fill in June or July? Flying could take off again (

) so anybody’s guess. €20 in tax might be the least of our worries.

Darc19 · 18-04-2021 6:34pm

joeysoap wrote: »

Might be cheaper to fill in June or July? Flying could take off again ( ) so anybody’s guess. €20 in tax might be the least of our worries.

all the fracking companies in the US are starting up again and you will find the Saudis and Russians will start producing more and prices may fall back.

Currently prices are at near 6 year highs, so hopefully there will be some softening

TimHorton · 19-04-2021 7:00am

Darc19 wrote: »

all the fracking companies in the US are starting up again and you will find the Saudis and Russians will start producing more and prices may fall back.

Currently prices are at near 6 year highs, so hopefully there will be some softening

Sill have 2300 l of the 3000 l I bought for 1100 euro or so last May. At least 2 more winters before I need to buy oil !

silver2020 · 19-04-2021 7:36am

TimHorton wrote: »

Sill have 2300 l of the 3000 l I bought for 1100 euro or so last May. At least 2 more winters before I need to buy oil !

I'd get a preservation additive just to be on the safe side as diesel can get "old" and cause issues
https://rotechshop.ie/product/premium-heating-oil-additive/

keano25 · 19-04-2021 7:43am

Slightly off topic, can anyone recommend a good fuel guage for my oil tank.. thanks

Cee-Jay-Cee · 22-04-2021 8:50am

Anyone know any Top oil promo codes?

Lemon Davis lll · 22-04-2021 10:16am

€25 off 1000ltrs with Campus Oil for orders now til the weekend

I just needed 500ltrs & code below brought it to €318

Use code BF25

cocoman · 25-04-2021 2:47pm

Cee-Jay-Cee wrote: »

Anyone know any Top oil promo codes?

Anyone have any Topoil code?

vicwatson · 25-04-2021 6:58pm

Lemon Davis lll wrote: »

€25 off 1000ltrs with Campus Oil for orders now til the weekend

I just needed 500ltrs & code below brought it to €318

Use code BF25

And if you check cheapestoil it’s €320 and if you go direct to their website and enter the code it’s €317.50, based on 500lts. Hmm

tech · 25-04-2021 7:17pm

vicwatson wrote: »

And if you check cheapestoil it’s €320 and if you go direct to their website and enter the code it’s €317.50, based on 500lts. Hmm

Will it drop again in May once the carbon tax is added. Summer is here then?

mikeecho · 27-04-2021 3:30pm

tech wrote: »

Will it drop again in May once the carbon tax is added. Summer is here then?

Carbon tax was already added. It's the solid fuel that will be getting the extra carbon tax on may 1st

Orebro · 27-04-2021 4:34pm

mikeecho wrote: »

Carbon tax was already added. It's the solid fuel that will be getting the extra carbon tax on may 1st

I believe home heating oil is a solid fuel for tax purposes?

https://m.independent.ie/business/personal-finance/latest-news/consumers-warned-to-stock-up-on-heating-fuels-ahead-of-carbon-tax-rise-40307953.html

Frank_1969 · 27-04-2021 5:40pm

keano25 wrote: »

Slightly off topic, can anyone recommend a good fuel guage for my oil tank.. thanks

I use the Apollo Ultrasonic oil level gauge and it works well.

silver2020 · 28-04-2021 7:46am

tech wrote: »

Will it drop again in May once the carbon tax is added. Summer is here then?

doubtful. Oil price seems to be higher this week and a big return to air travel and motoring will see fuel demand increase.

CoBo55 · 28-04-2021 8:33am

Frank_1969 wrote: »

I use the Apollo Ultrasonic oil level gauge and it works well.

I second that, mine works perfectly since I put a new battery in the transmitter, it was very unreliable before that. When I'm servicing the burner I take out the transmitter and give it a wipe with some kitchen roll as that white stuff builds up on it.

wassie · 14-09-2021 1:11pm

Fair to say one of the few positives from the pandemic, oil prices, is over.

Lowest prices have been steadily rising over the summer back to being just short of the €700/1000L mark at the start of 2020 as we head into the cooler months.

zell12 · 14-09-2021 3:11pm

Also Carbon Tax will be increased again in Budget 2022. It is currently €33.50 a tonne and could increase to around €41 a tonne. That would mean will mean about a 2.5 cent increase in the cost of a litre of diesel and 2 cents on a litre of petrol

Mark Hamill · 27-09-2021 11:47am

Where is the best place for home heating now? Do any NI suppliers deliver down south (e.g. down to Meath area)? Everywhere in Ireland seems to be €380 for 500l/€710 for 1000l, except up the North, were it is about €550 for 1000l.