Fuel Tool is the UK's leading online price comparison website for domestic heating oil.
Fuel Tool delivers the best heating oil prices from the most competitive and lowest priced suppliers across the UK. Simple and easy to use, we don't just deliver heating oil, we also deliver first class customer service.
Our suppliers give us their best prices which we pass on to you. No more calling around to get quotes, Fuel Tool does it all for you. Just enter the amount of heating oil you require along with your postcode and let us do the work. It couldn't be easier! Access Fuel Tool anwhere, anytime and on any device with absolute ease. |
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What you can do at Fuel Tool:
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Order directly from Fuel Tool, safely and securely
Search and order directly from our website. |
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Watch daily prices by subscribing to our free update service
Helping you track Fuel Tool's current heating oil prices, enabling you to order when the prices are lowest. |
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Keep up to date with heating oil news
Stay informed as we post and tweet the most current industry articles on the UK heating oil market. |
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Log in, track and compare your previous orders
View and track your previous prices and orders from our easy-to-use, secure online control panel. |
Current Global Crude Oil Prices
Heating oil prices are usually directly affected by the base price of crude oil so have a look at the chart below to get an idea of the recent price trends. Prices are in U.S. dollars per barrel. The below graph can be edited. Roll your mouse to see further back in history... Give it a try!
Tell a Friend About Fuel Tool
If you like what Fuel Tool stands for and would like to tell a friend, just click the email link below and we'll send them a hyperlink to our website so they too can benefit from some of the cheapest heating oil prices you can find on the Internet. Also, please feel free to use the Fuel Tool logo found below in order to link to our website. Just right-click on the logo and save it to your device.
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Fuel Tool News |
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Heating Oil Market Update - March 2026
Oil prices have surged sharply following US and Israeli military strikes on Iran over the weekend. Brent crude jumped over 13% to above $82 per barrel, and analysts are warning it could climb to $90 or even higher in the coming days. The Strait of Hormuz, through which around a third of the world's seaborne crude oil passes, has effectively been closed by Iran in response to the strikes. For UK heating oil buyers, this means prices are rising and could continue to rise significantly. If your tank is getting low, we would strongly recommend ordering sooner rather than later before these wholesale increases feed through fully to retail prices.
What Does the Iran Crisis Mean for Heating Oil?
The closure of the Strait of Hormuz is blocking around 15 million barrels of crude oil per day from reaching global markets. That is a huge amount of supply taken offline almost overnight. Wholesale kerosene prices in Europe have already jumped, and UK heating oil suppliers will begin passing those costs on to customers very soon if they have not already. Some analysts at Barclays believe Brent could reach $100 per barrel if the situation escalates further. The message for anyone who heats their home with oil is simple: prices today are almost certainly cheaper than they will be next week. Use the Instant Quote Box above to get a price for your postcode now, or call us on 01352 219948.
How Long Could This Last?
It is difficult to say how long the disruption will continue. The conflict between the US, Israel and Iran is ongoing, and there is no sign of the Strait of Hormuz reopening soon. Even if tensions ease, it will take time for oil markets to stabilise and for prices to come back down. During previous Middle East crises, heating oil prices in the UK have stayed elevated for weeks or even months after the initial spike. If you are planning to order heating oil in the next few months, locking in a price now could save you a considerable amount. We will continue to monitor the situation and update this page as things develop.
Click to view more news at the Fuel Tool Heating Oil News Page. |
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