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Heating oil big drop

1111214161753

Comments

  • Registered Users, Registered Users 2 Posts: 842 ✭✭✭BullBauld


    Was chatting one of the delivery drivers who said if I wasn't in a rush to hold off and prices will go down again after all this panic.


  • Registered Users, Registered Users 2 Posts: 8,373 ✭✭✭Rows Grower


    Invincible wrote: »
    I rang Corrib at 10.53 just to check their price.
    €380 for 1000 litres from that depot.
    They were €400 on 15/4 from another poster here.

    They were 370 yesterday in all their offices, they always match the price that Kelleher's sell for.

    "Very soon we are going to Mars. You wouldn't have been going to Mars if my opponent won, that I can tell you. You wouldn't even be thinking about it."

    Donald Trump, March 13th 2018.



  • Registered Users, Registered Users 2 Posts: 6,373 ✭✭✭Invincible


    They were 370 yesterday in all their offices, they always match the price that Kelleher's sell for.

    This depot matched Casey's for poster here back on 15th, 1000 for €400.


  • Registered Users, Registered Users 2 Posts: 1,112 ✭✭✭Redriddick


    Pulled the trigger on 1000l for 340 from flynns


  • Registered Users, Registered Users 2 Posts: 1,066 ✭✭✭TimHorton


    Invincible wrote: »
    This depot matched Casey's for poster here back on 15th, 1000 for €400.

    This Lad is selling IBC's in Athlone , His Eircode is in the Ad ,

    https://www.donedeal.ie/sheep-for-sale/full-closeing-down-sale-in-athlone/24330192?campaign=14


  • Registered Users Posts: 1,142 ✭✭✭M three


    The Greens are a wreckless bunch out of touch with reality, only 7 months ago they were calling for the carbon tax to be doubled.

    The green party shouldnt be let within a mile of government. How is that clown eamonn ryan getting on with his seeds on his south facing window ledge i wonder. A 5 year old wouldnt propose that as a means of feeding the country yet he stood up in the dail and suggested it.
    Nonsense.


  • Registered Users, Registered Users 2 Posts: 821 ✭✭✭bigboss1986


    The Greens are a wreckless bunch out of touch with reality, only 7 months ago they were calling for the carbon tax to be doubled.

    Without Covid19 oil would be around 700e from tomorrow thanks to leftie ''Greens''...

    Just saying....


  • Registered Users, Registered Users 2 Posts: 34,106 ✭✭✭✭listermint


    selling off their stock , so they can fill the tanks with the cheaper stuff and charge back to normal prices making a killing on the cheaper stuff.

    simple


  • Registered Users Posts: 1,735 ✭✭✭AwaitYourReply


    Top Oil are still offering below rates for customers in Cork:

    500 Litres Kerosene = €204.98 incl. VAT
    NOTE: If you insert Promo Code: " SPRING20 " price is reduced to €194.98 incl VAT which is €10 Discount off 500 Ltrs.
    NOTE: And if you insert Promo Code: " Gaa20 " price is reduced to €184.98 incl VAT which is €20 Discount Off 500Ltrs!

    1,000 Litres Kerosene = €389.99 incl VAT
    NOTE: If you insert Promo Code: " SPRING20 " or Promo Code: " Gaa20" price is reduced to €369.99 incl VAT for both codes which is €20 Discount off 1,000 Ltrs.

    www.Top.ie

    Rates are expected to increase after close of business today due to the increase in Carbon Levy on solid fuels announced in last October's Budget.

    Deliveries for orders placed today not expected before Wednesday 6th May due to demand and May Bank Holiday weekend.


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  • Registered Users, Registered Users 2 Posts: 6,124 ✭✭✭homah_7ft


    I just paid €174.99 for 500L of oil from top oil using Gaa20. Was by far the cheapest I could find for Wexford.


  • Registered Users, Registered Users 2 Posts: 8,373 ✭✭✭Rows Grower


    Brent oil is getting stronger slowly but surely and as well as adding on the new carbon tax at midnight a lot of places have increased their prices again in the last hour or so.

    "Very soon we are going to Mars. You wouldn't have been going to Mars if my opponent won, that I can tell you. You wouldn't even be thinking about it."

    Donald Trump, March 13th 2018.



  • Registered Users, Registered Users 2 Posts: 2,851 ✭✭✭tech


    .38c for 500l in West Cork.

    0[00quote="Rows Grower;113326887"]Brent oil is getting stronger slowly but surely and as well as adding on the new carbon tax at midnight a lot of places have increased their prices again in the last hour or so.[/quote]


  • Registered Users, Registered Users 2 Posts: 589 ✭✭✭MorganIRL


    €407 for 1100L for Jones oil Ballina Mayo..today. office told the bro in law she expects it to go down nxt wk but he was out and cudnt wait..


  • Registered Users, Registered Users 2 Posts: 9,326 ✭✭✭CoBo55


    homah_7ft wrote: »
    I just paid €174.99 for 500L of oil from top oil using Gaa20. Was by far the cheapest I could find for Wexford.
    Thanks for that I just ordered 600 litres for €226, I'm sorted now until almost christmas:D


  • Registered Users, Registered Users 2 Posts: 8,373 ✭✭✭Rows Grower


    Kellehers are gone up again, 420 per 1,000 now, was 370 during the week.

    "Very soon we are going to Mars. You wouldn't have been going to Mars if my opponent won, that I can tell you. You wouldn't even be thinking about it."

    Donald Trump, March 13th 2018.



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  • Registered Users Posts: 262 ✭✭homer1982


    Any expectation on the prices to go back down again?


  • Registered Users, Registered Users 2 Posts: 3,817 ✭✭✭Darc19


    homer1982 wrote: »
    Any expectation on the prices to go back down again?

    No Chance.

    Oil Prices have been steadily rising over the last 10 days. Brent is now back over $30

    Add in the 1.6c/litre carbon tax and you will be €450/1000l again in a week or so.


  • Registered Users, Registered Users 2 Posts: 1,011 ✭✭✭Vego


    Got 1000Ltrs last friday in meath 320


  • Registered Users Posts: 1,735 ✭✭✭AwaitYourReply


    Vego wrote: »
    Got 1000Ltrs last friday in meath 320

    County Meath seems to be one of the cheaper priced counties regarding home heating oil prices. A lot changed on Friday 1st May - this was the day that last October's Budget measure came into effect resulting in an increase to the Carbon Fuel Levy applied to Solid Fuels like kerosene oil, gas, coal, briquettes etc; All suppliers prices would have increased to reflect this but oil prices already seem to have hit their rock bottom and are rising more than the carbon levy amount. A 1,000 Litres fill was set to increase by €16.00 approx. due to Carbon Levy so other factors may inflate prices further as demand will increase when countries resume normal activity once again. Hard to know if they will drop further in the short-medium term.

    Latest best quote for Meath as per below:
    1000 Litres
    €342.00
    (around 34.2c a litre)
    Meath quote
    Price as of 5 May 2020, 6 PM

    Local Fuels Ltd. are an irish run company supplying the following areas:
    Dublin / Meath / Westmeath / Roscommon East / North Wicklow / Louth
    Prices displayed are for on-line orders only.


  • Registered Users, Registered Users 2 Posts: 4,807 ✭✭✭ablelocks


    quotes i got today by phone for 1000l kerosene:

    Peader O'Keefe - 399
    Topoil - 380 ( 375 online with code GAA20)
    Clare Oil - 440
    Tara - 420
    Corrib - 390
    Cosgrave - 380 - was 400 to start with, but reduced to 380 to match topoil after a bit of haggling.


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  • Registered Users, Registered Users 2 Posts: 8,373 ✭✭✭Rows Grower


    Kellehers and Corrib gone up again now 440.

    Lots of places around the country gone up in the last hour.

    "Very soon we are going to Mars. You wouldn't have been going to Mars if my opponent won, that I can tell you. You wouldn't even be thinking about it."

    Donald Trump, March 13th 2018.



  • Registered Users, Registered Users 2 Posts: 1,211 ✭✭✭WestWicklow1


    It's great to see a bit of competition still going on in Kildare (lots of them come to west Wicklow).

    Cheapest on https://www.cheapestoil.ie/heating-oil-prices/Kildare is €359 for 1000L.


  • Closed Accounts Posts: 12,653 ✭✭✭✭Plumbthedepths


    Walshe's Racecourse Road ,Roscommon town. 31.9 cent at the pump.


  • Registered Users Posts: 35 Herby12


    When prices going up they are very quick even when they still holding cheap oil in their tanks but when is going down it takes at least 7 to 10 days amazing.


  • Registered Users, Registered Users 2 Posts: 3,817 ✭✭✭Darc19


    Herby12 wrote: »
    When prices going up they are very quick even when they still holding cheap oil in their tanks but when is going down it takes at least 7 to 10 days amazing.

    Can you show what you are talking about or have you just made this up.


    Media screams when price drops, but say nothing when prices rise unless they jump considerably.

    Prices started to rise on 23rd April, fell a little 27th/28th, and then continued to rise to over $30 by last Monday and steady since.

    Carbon tax added 1.6c last Friday. That goes on immediately.

    Suppliers hold about 3 days supply in their tanks.

    If you read this thread you'll find prices dropped on average 2 weeks after oil price changes and similarly, they are moving up about 2 weeks after oil changes.

    Hard to argue with facts.


  • Registered Users, Registered Users 2 Posts: 8,373 ✭✭✭Rows Grower


    Darc19 wrote: »
    Can you show what you are talking about or have you just made this up.


    Media screams when price drops, but say nothing when prices rise unless they jump considerably.

    Prices started to rise on 23rd April, fell a little 27th/28th, and then continued to rise to over $30 by last Monday and steady since.

    Carbon tax added 1.6c last Friday. That goes on immediately.

    Suppliers hold about 3 days supply in their tanks.

    If you read this thread you'll find prices dropped on average 2 weeks after oil price changes and similarly, they are moving up about 2 weeks after oil changes.

    Hard to argue with facts.

    You need to read the thread yourself lad, what he said is spot on.

    "Very soon we are going to Mars. You wouldn't have been going to Mars if my opponent won, that I can tell you. You wouldn't even be thinking about it."

    Donald Trump, March 13th 2018.



  • Registered Users, Registered Users 2 Posts: 3,817 ✭✭✭Darc19


    You need to read the thread yourself lad, what he said is spot on.

    But except for the carbon tax, prices have not really moved.

    Many places still doing €359-€379 for 1000 litres. Those suppliers were all €339-€369 last week.

    Here's facts

    Average oil prices €24 ($26) during April, that's 15c a litre.
    Refining even at a tight margin is about 7c (normally 9-10c), carbon tax 5.6c

    That's 27.6c

    Vat 13.5%

    You are at 31.2c

    That's the net cost price from the port Inc vat

    So at €359, a distributor has a gross profit before any costs of a "whopping" €41 (€47 less the vat)

    You won't get rich on that.


  • Registered Users, Registered Users 2 Posts: 8,373 ✭✭✭Rows Grower


    Darc19 wrote: »
    But except for the carbon tax, prices have not really moved.

    Many places still doing €359-€379 for 1000 litres. Those suppliers were all €339-€369 last week.

    Here's facts

    Average oil prices €24 ($26) during April, that's 15c a litre.
    Refining even at a tight margin is about 7c (normally 9-10c), carbon tax 5.6c

    That's 27.6c

    Vat 13.5%

    You are at 31.2c

    That's the net cost price from the port Inc vat

    So at €359, a distributor has a gross profit before any costs of a "whopping" €41 (€47 less the vat)

    You won't get rich on that.

    As I said, you need to read the thread.

    I bought 2,000 litres on the 29th at 37 cents from Kelleher's who are one of (if not the) biggest suppliers in Munster.

    Since then they have increased their prices on three different occasions, to 40 cent, 42 cent and 44 cent.

    They made three price increases in 7 days.

    When oil prices were dropping steadily some sellers did drop their prices accordingly, but they were the exception.

    Kelleher's didn't drop their price for three weeks.

    Herby12 is dead right when he says they are quick to increase and very slow to drop.

    You're trying to come across as some kind of authority on oil costings and you can't even grasp that.

    Anyone following the thread can see the facts you are coming out with for costings are baloney.

    "Very soon we are going to Mars. You wouldn't have been going to Mars if my opponent won, that I can tell you. You wouldn't even be thinking about it."

    Donald Trump, March 13th 2018.



  • Registered Users, Registered Users 2 Posts: 1,211 ✭✭✭WestWicklow1


    Darc19 wrote: »
    So at €359, a distributor has a gross profit before any costs of a "whopping" €41 (€47 less the vat)

    I have absolutely no intention of getting into a debate and I'm not saying that I'm challenging your figures. However, just a day or two before the carbon tax increase, I had 3000 litres delivered for €900.00. By your calculations my supplier did so at a loss. Is that your understanding too?


  • Registered Users, Registered Users 2 Posts: 1,837 ✭✭✭lab man


    re oil
    rocket up,
    feather down.

    simple as that !


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  • Registered Users, Registered Users 2 Posts: 12,212 ✭✭✭✭Grandeeod


    Filled up before the gouging back up in price. Delighted. I'll watch closely for a top up price that will see me through a tough winter financially.


  • Registered Users Posts: 487 ✭✭stuba


    Lack of supply is the biggest issue at the moment.


  • Registered Users, Registered Users 2 Posts: 8,373 ✭✭✭Rows Grower


    stuba wrote: »
    Lack of supply is the biggest issue at the moment.

    On the ball, people are filling every available container all over the country.

    Kelleher's are doing a maximum of 400 litres deliveries at the moment, they can't keep up with demand.

    "Very soon we are going to Mars. You wouldn't have been going to Mars if my opponent won, that I can tell you. You wouldn't even be thinking about it."

    Donald Trump, March 13th 2018.



  • Registered Users, Registered Users 2 Posts: 3,817 ✭✭✭Darc19


    I have absolutely no intention of getting into a debate and I'm not saying that I'm challenging your figures. However, just a day or two before the carbon tax increase, I had 3000 litres delivered for €900.00. By your calculations my supplier did so at a loss. Is that your understanding too?

    If you read my post I worked on average prices for April and the higher carbon tax.

    You certainly purchased at the lowest point that reflected the short term drop to $20/$22 which happened about 10-12 days previously. Nicely timed.


  • Registered Users Posts: 1,735 ✭✭✭AwaitYourReply


    Most suppliers in Cork area currently quoting in the region of: €230 for 500 Litres and €440 for 1,000 Litres Kerosene Home Heating Oil apart from Amber Oil which is displaying at €225 for 500Ltrs and €430 for 1,000 Litres.

    However; there are actually a few Other suppliers also quoting lower rates

    TOP Oil
    1,000 Litres Kerosene Home Heating Oil in Cork for €410.05 incl VAT for Online orders via website: www.Top.ie -
    N.B: Enter Promo Code: " SPRING20 "in the relevant Promo Code field in order to get €20.00 Discounted Price for 1,000 Litres.
    Note: TOP Oil does not currently display rates for County Cork via Cheapestoil.ie price comparison website.

    www.Top.ie

    Dan Oil only permitting a Maximum Quantity 500Ltrs orders (This is a temporary quota limit)
    The cost of X 500 litres of Kerosene is €212.81 in Cork (includes VAT and Delivery)
    https://www.danoil.ie
    Note: Dan Oil does not currently display rates for County Cork via Cheapestoil.ie price comparison website.

    TEXOIL
    1,000 Litres Kerosene Home Heating Oil
    €424.72 including VAT
    OR;
    500 Litres Kerosene Home Heating Oil
    €219.74 including VAT
    Note: TEXOIL does not currently display rates for County Cork via Cheapestoil.ie price comparison website.

    https://texoil.valero.com/


  • Registered Users Posts: 171 ✭✭mollymac57


    €400 for 1000L today from Shreelawn Oil, Limerick


  • Registered Users, Registered Users 2 Posts: 1,939 ✭✭✭wingnut


    Topped up the tank €220 / 500l Naughton's Limerick


  • Closed Accounts Posts: 6,820 ✭✭✭smelly sock


    1000L kildare 353 euros

    Capital oil


  • Registered Users, Registered Users 2 Posts: 9,717 ✭✭✭YFlyer


    1000L kildare 353 euros

    Capital oil

    Did you buy?


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  • Registered Users, Registered Users 2 Posts: 535 ✭✭✭tmh106


    Prices gone up a bit since last post here. What's the best anyone has got in Galway city? I'm seeing €509 for 1000L from Top


  • Registered Users, Registered Users 2 Posts: 1,640 ✭✭✭Mad_Mike


    https://www.cheapestoil.ie/heating-oil-prices/Galway
    Thought 509 seemed a bit pricy. Check out those ones above


  • Registered Users Posts: 1,786 ✭✭✭Bawnmore


    Mad_Mike wrote: »
    https://www.cheapestoil.ie/heating-oil-prices/Galway
    Thought 509 seemed a bit pricy. Check out those ones above

    I was keeping an eye out at the time and never saw the same kind of lows other counties were seeing in Galway (was waiting to buy a tank, but never did as thought it'd fall to similar price as Dublin). Prices now look similar to then actually.


  • Registered Users, Registered Users 2 Posts: 2,045 ✭✭✭silver2020


    tmh106 wrote: »
    Prices gone up a bit since last post here. What's the best anyone has got in Galway city? I'm seeing €509 for 1000L from Top

    summer20 will bring that down to €489 valid til 31st aug
    autumn20 starts 7th Sept


    Oil prices have risen substantially since June, but a weaker dollar has helped keep the net euro price down a little.


  • Registered Users Posts: 6,252 ✭✭✭joeysoap


    Seem to be about €450 in Louth, €500 seems high. Though only a few updated recently

    https://www.cheapestoil.ie/heating-oil-prices/Louth


  • Registered Users, Registered Users 2 Posts: 8,426 ✭✭✭wirelessdude01


    joeysoap wrote: »
    Seem to be about €450 in Louth, €500 seems high.

    https://www.cheapestoil.ie/heating-oil-prices/Louth

    Border effect.


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  • Registered Users Posts: 199 ✭✭as.eirinn


    try claddagh oil/garbally oil galway city


  • Registered Users Posts: 199 ✭✭as.eirinn


    tmh106 wrote: »
    Prices gone up a bit since last post here. What's the best anyone has got in Galway city? I'm seeing €509 for 1000L from Top

    Claddagh Oil are usually in and around the same...


    MÓR OILhttps://www.moroil.ie

    1 800 667645
    Galway quote
    Price as of 18 Aug 2020, 2 PM
    500 Litres
    €239.48
    (around 47.9c a litre)

    1000 Litres
    €444.45
    (around 44.4c a litre)


  • Registered Users, Registered Users 2 Posts: 2,045 ✭✭✭silver2020


    Border effect.

    Cheaper in the federal republic of Kildare €434. But we've closed our borders, so youse can feck off. :D

    https://www.capitaloil.com/


  • Registered Users, Registered Users 2 Posts: 1,485 ✭✭✭Bazzy


    tmh106 wrote: »
    Prices gone up a bit since last post here. What's the best anyone has got in Galway city? I'm seeing €509 for 1000L from Top

    https://www.macmahonoil.com/

    €470 for 1000L


  • Registered Users Posts: 6,252 ✭✭✭joeysoap


    Border effect.

    Forkhill prices. Changes weekly at the pumps but I’m not young anymore so I just order it now but for 35 years did take it in this way. Stopped once during foot and mouth (by gardai) and they didn’t know what to do so I drove on. Happy days. Spur off the armagh road.about. 15 mins drive.

    https://mcgeoughsnisa.co.uk/fuel-coal-prices

    5 briquettes for €17.5 might still tempt me.


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