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Heating oil price history

Heating oil prices in December 2023

The Fueltool average for heating oil was 74.07p a litre excluding VAT in December 2023. That is about £778 for 1,000 litres including 5% VAT.

Compare prices at your postcode Prices since 2011
74.07paverage a litre, ex VAT
71.88plowest day, 30 December 2023
78.10phighest day, 9 December 2023
£778for 1,000 litres at the average, VAT included

How it compares

December 2023 against the month before and a year earlier

On the month before

+1.0%

74.07p against 73.34p in November 2023: up 0.73p a litre.

On the same month a year earlier

No comparison

No records for December 2022. A change is worked out only where both months have at least 14 days of records.

Day by day

Daily heating oil prices in December 2023

Daily average, pence a litre excluding VAT, by day of December. The ring marks the lowest day and the filled dot the highest.
Day Average p a litre, ex VAT On the day before Listings counted
71.88p 0.00p 136
71.88p -0.32p 136
72.20p 0.00p 139
72.20p 0.00p 139
72.20p -0.10p 139
72.30p 0.00p 139
72.30p 0.00p 139
72.30p 0.00p 139
72.30p -1.34p 140
73.64p -0.19p 136
73.83p +0.33p 136
73.50p +0.51p 137
72.99p 0.00p 137
72.99p +0.04p 137
72.95p -0.02p 135
72.97p -0.03p 138
73.00p 0.00p 140
73.00p +0.22p 140
72.78p -0.17p 136
72.95p -4.85p 135
77.80p -0.30p 134
78.10p 0.00p 134
78.10p +1.40p 134
76.70p -0.60p 134
77.30p -0.30p 132
77.60p +1.00p 132
76.60p +0.55p 128
76.05p +1.45p 128
74.60p 0.00p 128
74.60p +0.05p 128
74.55p +3.55p 125

Figures for December 2023 run from 1 December 2023 to 31 December 2023. The month's average is the mean of these daily figures.

More months

Other months and years

Every month of 2023

December in other years

Every month since October 2011

The method

How these figures are made

  • What is averaged. Standard kerosene (heating oil) price listings on Fueltool for a 1,000 to 1,499 litre delivery, in pence a litre excluding VAT. Each day's figure is the middle (median) listing: half that day's listings were cheaper and half dearer, so one supplier's high price cannot pull it up. A supplier can list several areas and delivery options, so this is a figure from Fueltool's listings, not a survey of every UK supplier.
  • Which listings count on a day. A listing counts on a day if its price was last changed within the 30 days up to that day, so a supplier that has stopped trading drops out. The demo account is left out. Each day is judged by who was trading that day, not by who is trading now. The number of listings behind a day has ranged from about 24 a day (April 2012) to about 377 a day (October 2018). The monthly pages show the count for each day, so a month with fewer listings rests on fewer prices.
  • Months. A month's average is the mean of its daily figures. The lowest and highest day are the lowest and highest daily figure in that month. A change on the month before, or on the same month a year earlier, is shown only where both months have at least 14 days of records.
  • Typing errors. Prices are typed in by suppliers and sometimes wrongly (4050 for 40.50, for example). A price under 15p or over £2.50 a litre, or under half or over double that day's middle price, is left out: 1,236 prices outside 15p to £2.50, and a further 2,376 of the 701,945 listings that otherwise counted. Six suppliers entered prices 50p too high from 17 to 21 May 2014; those prices are left out. Two suppliers did the same from 21 to 29 January 2019, and those prices are left out too.
  • Gaps in the record. Daily records start on 27 October 2011. There are no records for 4 to 23 December 2018 (20 days), 24 to 27 December 2019 (4 days) or 19 May 2022 to 26 April 2023 (343 days). Those days are left blank. Nothing is filled in or estimated, and a month with fewer days than it should have says how many it has.
  • VAT. Every pence figure excludes VAT. Pound amounts for 1,000 litres add VAT at 5%, the rate on domestic heating oil.
  • Using the figures. Free to quote with a credit and a link to Fueltool.co.uk. Today's live average is shown on the heating oil prices today page and can differ from the latest daily record. The last two years of the daily record are also available as data from the open price feed.

What would a fill cost at your home?

These are averages across Fueltool's listings. Your postcode, quantity and delivery option shape the price you are quoted.

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