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Heating oil big drop

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Comments

  • #402
    Twiggy69
    Registered Users Posts: 259 ✭✭Twiggy69


    Any deals in North Wexford??? I am planning to phone around tomorrow, but I was wondering if I should hold off for a few days after Friday's price drop????


  • #403
    Pique
    Registered Users, Registered Users 2 Posts: 3,052 ✭✭✭Pique


    Cape Clear wrote: »
    Any chance they'd deliver to Achill Island for those prices

    Is Achill within 12 miles of Mullingar?


  • #404
    SouthWesterly
    Registered Users, Registered Users 2 Posts: 6,939 ✭✭✭SouthWesterly


    Pique wrote: »
    Is Achill within 12 miles of Mullingar?

    Yes, if you look at a map ;)


  • #405
    CoBo55
    Registered Users, Registered Users 2 Posts: 9,324 ✭✭✭CoBo55


    SouthWesterly wrote: »
    Yes, if you look at a map ;)

    That's the London underground you're thinking of!!


  • #406
    Darc19
    Registered Users, Registered Users 2 Posts: 3,817 ✭✭✭Darc19


    Twiggy69 wrote: »
    Any deals in North Wexford??? I am planning to phone around tomorrow, but I was wondering if I should hold off for a few days after Friday's price drop????

    Current price is based on the oil prices of over two weeks ago which were 15% lower than Friday's price.

    It's important to know that Brent north sea crude price is the reference price for Europe.

    US oil (wti/west Texas) is a light oil and needs a lot more refining to turn to fuel. Hence its always cheaper.


  • #407
    yabadabado
    Registered Users, Registered Users 2 Posts: 16,556 ✭✭✭✭yabadabado


    cena wrote: »
    Im getting 1000 for 400 in roscommon


    Can you send me a PM with the supplier name ?


  • #408
    Darc19
    Registered Users, Registered Users 2 Posts: 3,817 ✭✭✭Darc19


    yabadabado wrote: »
    Can you send me a PM with the supplier name ?

    Cheapestoil.ie will give you 3 options


  • #409
    Kivaro
    Closed Accounts Posts: 4,105 ✭✭✭Kivaro


    I would hold off for a couple of weeks lads.
    Price of oil collapsed overnight due to the worldwide storage issues.


  • #410
    vickers209
    Registered Users, Registered Users 2 Posts: 1,473 ✭✭✭vickers209


    Kivaro wrote: »
    I would hold off for a couple of weeks lads.
    Price of oil collapsed overnight due to the worldwide storage issues.

    Carbon tax increase applies from friday week 1st may will add about 2c per litre i.e add €20 to 1000 litres

    Probably wont be noticed as much with prices falling either way,


  • #411
    Darc19
    Registered Users, Registered Users 2 Posts: 3,817 ✭✭✭Darc19


    Kivaro wrote: »
    I would hold off for a couple of weeks lads.
    Price of oil collapsed overnight due to the worldwide storage issues.

    The problem is that only American light crude dropped. Brent crude is still $27 and is still above the $23 from 3 weeks ago.

    Brent pricing is what is used in Europe and Middle East.

    But with warmer days, there's no rush and I can't see prices rising, so except for the extra carbon tax, there's nothing to push people to order


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  • #412
    Rows Grower
    Registered Users, Registered Users 2 Posts: 8,367 ✭✭✭Rows Grower


    Darc19 wrote: »
    The problem is that only American light crude dropped. Brent crude is still $27 and is still above the $23 from 3 weeks ago.

    Brent pricing is what is used in Europe and Middle East.

    But with warmer days, there's no rush and I can't see prices rising, so except for the extra carbon tax, there's nothing to push people to order

    Brent Oil is down 3.35% overnight and is still dropping.

    "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.



  • #413
    Darc19
    Registered Users, Registered Users 2 Posts: 3,817 ✭✭✭Darc19


    Rows Grower wrote: »
    Brent Oil is down 3.35% overnight and is still dropping.

    Still above the $23 it dropped to 3 weeks ago and current price reflects that price.

    Only 17c of the current price reflects the oil price. So if oil dropped to $15 for Brent, another 6-7c would come off the price. Or €60-€70 on 1000 litres.

    Remember, it has to be refined, brought to port, carbon tax added, and distribution costs added and 13.5% vat. These costs are all relatively constant (except vat) no matter what the price of oil is.

    Or put it another way, if oil was free, 1000l would still cost about €250


  • #414
    muffler
    Registered Users, Registered Users 2 Posts: 46,314 ✭✭✭✭muffler


    US crude oil (benchmarker) fell to $11.31. Im not sure where other people are getting the inflated figures from


  • #415
    Rows Grower
    Registered Users, Registered Users 2 Posts: 8,367 ✭✭✭Rows Grower


    muffler wrote: »
    US crude oil (benchmarker) fell to $11.31. Im not sure where other people are getting the inflated figures from

    http://www.livecharts.co.uk/MarketCharts/brent.php

    Brent crude oil is the one that affects our prices.

    "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.



  • #416
    [Deleted User]
    Posts: 0 ✭✭✭✭ [Deleted User]


    US oil down 50% today! Wow, $8 a barrel


  • #417
    [Deleted User]
    Posts: 0 ✭✭✭✭ [Deleted User]


    6 wrote: »
    US oil down 50% today! Wow, $8 a barrel

    It's gone below zero. Wtf. Down 102%


  • #418
    [Deleted User]
    Posts: 0 ✭✭✭✭ [Deleted User]


    Rows Grower wrote: »
    http://www.livecharts.co.uk/MarketCharts/brent.php

    Brent crude oil is the one that affects our prices.

    Correct


  • #419
    vickers209
    Registered Users, Registered Users 2 Posts: 1,473 ✭✭✭vickers209


    @ -$20 a barell of us crude thats crazy


  • #420
    okidoki987
    Registered Users, Registered Users 2 Posts: 10,625 ✭✭✭✭okidoki987


    6 wrote: »
    It's gone below zero. Wtf. Down 102%

    FFS nobody's driving and of course when we all get back driving, it will be back up! :rolleyes:


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  • #421
    tech
    Registered Users, Registered Users 2 Posts: 2,851 ✭✭✭tech


    https://news.sky.com/story/us-oil-price-plunges-below-zero-for-first-time-in-history-11976165


  • #422
    silver2020
    Registered Users, Registered Users 2 Posts: 2,045 ✭✭✭silver2020


    looks like this is just technical price drop and it will be back to $20+ tomorrow
    https://www.independent.ie/business/4-a-barrel-oil-cheaper-than-a-cup-of-coffee-39143329.html

    Article says its about contracts to purchase for May delivery which expire today. Nobody wants the cost or hassle of storage, so they are paying people to take it off their hands.


  • #423
    Drifter50
    Registered Users, Registered Users 2 Posts: 617 ✭✭✭Drifter50


    cena wrote: »
    Im getting 1000 for 400 in roscommon
    Who in Roscommon, I normally use Corrib Oil but they are way above this


  • #424
    Redriddick
    Registered Users, Registered Users 2 Posts: 1,112 ✭✭✭Redriddick


    slimshady007 wrote: »
    Who's that with? Mccaughey cheapest at €500 on cheapestoil.ie

    Flynns fuels are 399 for 1000 litres in Ros


  • #425
    browneire
    Registered Users, Registered Users 2 Posts: 111 ✭✭browneire


    Couldn't pay me to buy oil at the moment...


    Oh wait, they might!


  • #426
    Darc19
    Registered Users, Registered Users 2 Posts: 3,817 ✭✭✭Darc19


    browneire wrote: »
    Couldn't pay me to buy oil at the moment...


    Oh wait, they might!

    Not anymore. The May delivery contracts have closed. June contracts are at $21.16

    So tomorrow the price will be $21ish


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  • #427
    BullBauld
    Registered Users, Registered Users 2 Posts: 842 ✭✭✭BullBauld


    Topaz €390 for 1000l online!


  • #428
    ingalway
    Registered Users, Registered Users 2 Posts: 656 ✭✭✭ingalway


    BullBauld wrote: »
    Topaz €390 for 1000l online!
    Do you have a link for this? Topaz Ireland is now Cirlce K, I can't find anything about heating oil on their site?
    Thanks


  • #429
    leck
    Registered Users, Registered Users 2 Posts: 1,364 ✭✭✭leck


    I'm in Mayo and usually order from Corrib Oil, online they are quoting €500 for 1000 litres. Jones Oil quoting €430 for 1000 litres. I could call Corrib and say Jones have it for 43c/l, but could I do better?


  • #430
    BullBauld
    Registered Users, Registered Users 2 Posts: 842 ✭✭✭BullBauld


    ingalway wrote: »
    Do you have a link for this? Topaz Ireland is now Cirlce K, I can't find anything about heating oil on their site?
    Thanks

    Sorry my bad, wrong info. Obviously an older Topaz site I was on.


  • #431
    The real mccoy 91
    Registered Users, Registered Users 2 Posts: 2,127 ✭✭✭The real mccoy 91


    €385 for 1000l in wicklow think they deliver to dublin and kildare too


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  • #432
    Darc19
    Registered Users, Registered Users 2 Posts: 3,817 ✭✭✭Darc19


    Brent oil has dropped to $20, so there is no need for anyone to rush a delivery.

    Prices in most places will be under €400 for 1000L for the foreseeable future. Even the extra carbon tax will not make a difference except for a few days.


  • #433
    tommycahir
    Registered Users, Registered Users 2 Posts: 2,593 ✭✭✭tommycahir


    Few Prices for Carlow:
    Mr oil is showing €384.00 for 1015 ltrs and €200.64 for 500 ltrs using the code april2020
    Campus oil is showing €384.05 for 1000 ltrs and €204.00 for 500 ltrs using the code car25
    Top oil is showing €384.97 for 1000 ltrs and €207.00 for 500 ltrs using the code gaa20


  • #434
    WEST
    Registered Users Posts: 195 ✭✭WEST


    tommycahir wrote: »
    Few Prices for Carlow:
    Top oil is showing €384.97 for 1000 ltrs and €207.00 for 500 ltrs using the code gaa20

    Top oil in Thurles is €450 for 1000 ltrs with the €20 discount code. Going to wait till it gets cheaper here.


  • #435
    [Deleted User]
    Posts: 0 ✭✭✭✭ [Deleted User]


    Darc19 wrote: »
    Brent oil has dropped to $20, so there is no need for anyone to rush a delivery.

    Prices in most places will be under €400 for 1000L for the foreseeable future. Even the extra carbon tax will not make a difference except for a few days.

    Could be closer to 300 for 1000 soon the ways things are going


  • #436
    Rows Grower
    Registered Users, Registered Users 2 Posts: 8,367 ✭✭✭Rows Grower


    6 wrote: »
    Could be closer to 300 for 1000 soon the ways things are going

    Yep, Brent has continued to drop steadily and closed at 19.71 today, the lowest price since 2002.

    "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.



  • #437
    Bikerman2019
    Closed Accounts Posts: 992 ✭✭✭Bikerman2019


    Interesting one.


    I was in Jones oil in Tallaght today getting diesel, and casually asked how much 500l of kerosene was, delivered to D24. She quoted me 200 euro.



    Just been on their site and it quotes me 250 euro....


  • #438
    lab man
    Registered Users, Registered Users 2 Posts: 1,837 ✭✭✭lab man


    Bikerman2019 wrote:
    I was in Jones oil in Tallaght today getting diesel, and casually asked how much 500l of kerosene was, delivered to D24. She quoted me 200 euro.

    Bikerman2019 wrote:
    Just been on their site and it quotes me 250 euro....


    prob cash offer


  • #439
    pm.
    Registered Users, Registered Users 2 Posts: 2,144 ✭✭✭pm.


    Whelan oil Mullingar 199 for 500ltr and 377 for 1000. I'm completely out so will fill up tomorrow. If these prices continue I don't see the point in getting coal from NI


  • #440
    SteelyDanJalapeno
    Registered Users, Registered Users 2 Posts: 14,346 ✭✭✭✭SteelyDanJalapeno


    395 for 1000 in South Kilkenny with campus oil, "cm15"
    For 15 euro off online quotes


  • #441
    Darc19
    Registered Users, Registered Users 2 Posts: 3,817 ✭✭✭Darc19


    If anyone is quoted over €400 online, ring the depot and ask for the price.

    Many of these places are not up to date on technology and the website operator is dependent on the local distributor to inform them of the price.

    So a quick call might save you a few quid.


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  • #442
    Who2
    Registered Users, Registered Users 2 Posts: 2,094 ✭✭✭Who2


    285 for 1000 liter in culloville, collect yourself.


  • #443
    Rows Grower
    Registered Users, Registered Users 2 Posts: 8,367 ✭✭✭Rows Grower


    Kellihers Kerry and Cork just dropped 20 euro off 1000 litres, now 420.

    "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.



  • #444
    fleece
    Registered Users Posts: 10 ✭fleece


    Quoted €400 for 1000 litres by Claddagh Oil in Galway this morning.


  • #445
    MorganIRL
    Registered Users, Registered Users 2 Posts: 589 ✭✭✭MorganIRL


    €230 500L / €400 1000L Jones oil Ballina Mayo.


  • #446
    glen123
    Registered Users, Registered Users 2 Posts: 579 ✭✭✭glen123


    https://www.emo.ie/

    Quoting 408eur for 1000l in Limerick.


  • #447
    CoBo55
    Registered Users, Registered Users 2 Posts: 9,324 ✭✭✭CoBo55


    glen123 wrote: »
    https://www.emo.ie/

    Quoting 408eur for 1000l in Limerick.
    €481.24 here in Wexford:mad::mad:


  • #448
    soap1978
    Registered Users, Registered Users 2 Posts: 723 ✭✭✭soap1978


    375 euro for a 1000 litres in cavan,do people think it will drop more?


  • #449
    TimHorton
    Registered Users, Registered Users 2 Posts: 1,066 ✭✭✭TimHorton


    My Tank is Full , What about storing another 1000 or 2000 lt ? In what for how long ?


  • #450
    darragh o meara
    Registered Users, Registered Users 2 Posts: 3,234 ✭✭✭darragh o meara


    TimHorton wrote: »
    My Tank is Full , What about storing another 1000 or 2000 lt ? In what for how long ?

    Plenty of tanks for sale second hand. I was thinking of buying one and keeping a few hundred litres spare. I doubt we'll get it at this price again.

    Just keep it safe though, theres plenty of lads in vans who would relieve you of 1000 litres very quickly


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  • #451
    codie
    Registered Users, Registered Users 2 Posts: 925 ✭✭✭codie


    TimHorton wrote: »
    My Tank is Full , What about storing another 1000 or 2000 lt ? In what for how long ?

    Suppose it depends how quick you use it.


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