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Heating oil price history

Heating oil price history since 2011

Fueltool has recorded the average of its heating oil price listings every day since 27 October 2011, apart from gaps in the record, the longest from 19 May 2022 to 26 April 2023, listed under How these figures are made. Here is every month: the average, the lowest and highest day, and the change on a year earlier.

5,088days recorded since 27 October 2011
112.54pOctober 2026 so far, a litre ex VAT
123.84phighest month, March 2026
26.16plowest month, February 2016

2011 to 2026

Heating oil prices, month by month

Monthly average, pence a litre excluding VAT. The pale band behind the line runs from each month's lowest to its highest daily average. The ring marks the lowest month and the filled dot the highest. The shaded stretch where the line stops is a gap in the record, not a fall to zero.

Every month

Average, lowest and highest day for each month

Pence a litre excluding VAT, for 1,000 litres. Select a month for its daily prices. "On the year" is the change on the same month a year earlier.

2026

Heating oil price by month in 2026, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January 58.57 54.85 59.35 -3.40p -5.5%
February27 days recorded 59.07 56.88 61.43 -3.10p -5.0%
March 123.84 65.10 134.68 +65.70p +113.0%
April 116.10 97.50 126.85 +63.29p +119.8%
May 93.11 80.00 101.56 +43.18p +86.5%
June 73.72 64.70 83.26 +20.65p +38.9%
July 79.33 65.20 90.20 +26.03p +48.8%
August29 days recorded 85.05 82.00 87.85 +33.98p +66.5%
September 105.33 92.00 115.35 +53.03p +101.4%
October23 days so far 112.54 108.50 114.95 +57.92p +106.0%

2025

Heating oil price by month in 2025, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January 61.97 57.36 66.58 -7.47p -10.8%
February 62.17 60.88 63.43 -8.13p -11.6%
March 58.14 55.99 60.36 -8.09p -12.2%
April 52.81 51.15 56.00 -13.59p -20.5%
May 49.93 48.80 50.96 -13.32p -21.1%
June 53.07 48.68 63.00 -8.43p -13.7%
July 53.30 51.28 54.86 -8.23p -13.4%
August 51.07 50.40 51.81 -7.83p -13.3%
September 52.30 51.85 54.35 -5.39p -9.3%
October 54.62 53.35 57.85 -4.59p -7.8%
November 59.53 56.83 62.35 +3.17p +5.6%
December 57.84 55.05 60.55 +0.67p +1.2%

2024

Heating oil price by month in 2024, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January 69.44 66.83 71.75 n/a
February 70.30 68.80 71.50 n/a
March 66.23 65.06 67.45 n/a
April 66.40 65.06 67.10 n/a
May 63.25 61.60 65.00 +4.46p +7.6%
June 61.50 59.05 62.53 +5.35p +9.5%
July 61.53 59.70 62.55 +2.87p +4.9%
August 58.90 57.55 60.13 -12.36p -17.3%
September29 days recorded 57.69 56.40 59.50 -18.51p -24.3%
October 59.21 56.86 60.60 -18.03p -23.3%
November 56.36 55.38 57.50 -16.98p -23.2%
December 57.17 56.75 58.00 -16.90p -22.8%

2023

Heating oil price by month in 2023, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January No records
February No records
March No records
April4 days recorded 66.01 65.90 66.35 n/a
May 58.79 55.80 65.90 -39.39p -40.1%
June29 days recorded 56.15 55.50 56.97 n/a
July 58.66 56.29 65.99 n/a
August 71.26 66.00 73.10 n/a
September 76.20 72.68 79.30 n/a
October 77.24 75.50 78.95 n/a
November 73.34 70.55 75.30 n/a
December 74.07 71.88 78.10 n/a

2022

Heating oil price by month in 2022, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January30 days recorded 61.61 60.00 63.99 +20.89p +51.3%
February 67.77 64.45 79.00 +23.74p +53.9%
March 118.67 79.45 149.40 +74.70p +169.9%
April 95.82 89.90 111.90 +52.76p +122.5%
May18 days recorded 98.18 95.90 100.00 +55.49p +130.0%
June No records
July No records
August No records
September No records
October No records
November No records
December No records

2021

Heating oil price by month in 2021, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January 40.72 39.20 41.50 -12.55p -23.6%
February 44.03 41.45 45.43 -2.57p -5.5%
March 43.97 43.28 44.48 +0.55p +1.3%
April 43.06 42.12 44.50 +5.70p +15.3%
May 42.69 41.75 43.95 +12.33p +40.6%
June 43.33 42.64 43.80 +10.53p +32.1%
July 44.55 43.78 45.30 +9.66p +27.7%
August 44.83 44.20 46.25 +14.25p +46.6%
September 47.80 45.75 55.00 +13.69p +40.1%
October 60.65 55.40 61.90 +29.12p +92.4%
November 59.12 58.35 59.99 +28.84p +95.2%
December 61.35 58.64 63.20 +23.58p +62.4%

2020

Heating oil price by month in 2020, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January 53.27 48.50 54.50 +2.29p +4.5%
February 46.60 42.80 48.50 -4.49p -8.8%
March 43.42 42.75 45.80 -6.49p -13.0%
April 37.36 34.75 44.30 -12.18p -24.6%
May28 days recorded 30.36 29.60 34.75 -19.76p -39.4%
June 32.80 31.60 34.95 -16.51p -33.5%
July 34.89 29.75 35.10 -14.06p -28.7%
August 30.58 29.44 32.54 -19.00p -38.3%
September 34.11 28.95 35.60 -17.52p -33.9%
October 31.53 29.83 35.60 -18.87p -37.4%
November 30.28 29.50 32.05 -18.91p -38.4%
December 37.77 33.00 39.53 -14.98p -28.4%

2019

Heating oil price by month in 2019, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January 50.98 50.50 51.50 -2.47p -4.6%
February 51.09 50.00 52.00 +0.54p +1.1%
March 49.91 48.95 50.00 -6.12p -10.9%
April 49.54 48.49 49.98 -4.12p -7.7%
May 50.12 49.60 50.50 -2.11p -4.0%
June 49.31 48.50 50.50 -3.22p -6.1%
July 48.95 48.50 49.50 -1.96p -3.8%
August 49.58 49.00 50.00 -2.95p -5.6%
September 51.63 49.00 56.00 -2.13p -4.0%
October 50.40 49.00 51.40 -5.78p -10.3%
November 49.19 49.00 49.95 -6.12p -11.1%
December26 days recorded 52.75 49.75 54.95 n/a

2018

Heating oil price by month in 2018, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January 53.45 50.38 57.33 +8.45p +18.8%
February 50.55 49.48 53.23 +7.52p +17.5%
March 56.03 52.99 57.40 +14.47p +34.8%
April 53.66 50.70 57.71 +13.09p +32.3%
May 52.23 50.70 53.20 +13.63p +35.3%
June 52.53 50.70 53.20 +15.95p +43.6%
July 50.91 50.70 52.32 +14.68p +40.5%
August 52.53 51.37 53.70 +14.57p +38.4%
September 53.76 53.70 54.50 +13.62p +33.9%
October30 days recorded 56.18 54.70 56.72 +15.25p +37.3%
November29 days recorded 55.31 52.00 56.50 +11.10p +25.1%
December11 days recorded 51.64 51.50 52.00 n/a

2017

Heating oil price by month in 2017, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January 45.00 43.79 45.83 +18.17p +67.7%
February 43.03 42.50 43.80 +16.87p +64.5%
March30 days recorded 41.56 39.78 42.95 +12.31p +42.1%
April29 days recorded 40.57 39.60 41.20 +9.90p +32.3%
May 38.60 37.64 40.44 +7.05p +22.3%
June 36.58 35.58 38.25 +3.70p +11.3%
July 36.23 35.75 37.00 +2.76p +8.2%
August 37.96 37.29 39.50 +4.84p +14.6%
September 40.14 39.95 40.81 +6.23p +18.4%
October 40.93 40.66 41.66 +1.63p +4.1%
November 44.21 42.00 46.35 +5.07p +13.0%
December 54.49 46.75 60.67 +10.77p +24.6%

2016

Heating oil price by month in 2016, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January29 days recorded 26.83 25.06 28.28 -13.41p -33.3%
February 26.16 25.07 27.29 -14.04p -34.9%
March 29.25 27.50 30.50 -10.30p -26.0%
April 30.67 30.50 31.01 -7.31p -19.2%
May30 days recorded 31.55 30.70 32.51 -7.33p -18.9%
June29 days recorded 32.88 32.37 33.50 -5.39p -14.1%
July 33.47 32.50 33.74 -2.44p -6.8%
August 33.12 31.95 34.30 +0.28p +0.9%
September 33.91 33.42 35.14 +0.74p +2.2%
October30 days recorded 39.30 35.95 40.90 +7.01p +21.7%
November 39.14 37.90 40.63 +7.86p +25.1%
December 43.72 40.00 45.27 +13.81p +46.2%

2015

Heating oil price by month in 2015, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January30 days recorded 40.24 36.97 44.50 -17.24p -30.0%
February 40.20 38.13 41.15 -15.83p -28.3%
March 39.55 38.00 40.89 -16.67p -29.7%
April 37.98 37.32 38.50 -18.62p -32.9%
May 38.88 38.10 39.95 -17.22p -30.7%
June 38.27 37.04 38.99 -14.50p -27.5%
July 35.91 34.66 37.28 -16.77p -31.8%
August 32.84 30.75 34.66 -18.34p -35.8%
September 33.17 32.00 33.60 -19.01p -36.4%
October 32.29 31.76 32.85 -18.44p -36.3%
November 31.28 30.71 31.95 -17.10p -35.3%
December 29.91 28.28 30.96 -17.47p -36.9%

2014

Heating oil price by month in 2014, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January 57.48 55.70 61.95 -5.35p -8.5%
February 56.03 54.99 56.48 -10.31p -15.5%
March 56.22 55.33 56.33 -9.18p -14.0%
April 56.60 56.19 56.79 -7.37p -11.5%
May 56.10 51.97 57.30 -3.64p -6.1%
June 52.77 50.97 55.37 -4.36p -7.6%
July 52.68 51.08 54.25 -6.13p -10.4%
August 51.18 50.86 51.46 -7.73p -13.1%
September 52.18 51.52 53.05 -9.12p -14.9%
October 50.73 49.53 51.50 -8.27p -14.0%
November 48.38 46.90 49.52 -8.74p -15.3%
December 47.38 44.50 48.84 -12.25p -20.5%

2013

Heating oil price by month in 2013, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January 62.83 60.20 65.70 +2.30p +3.8%
February 66.34 65.50 67.93 +3.26p +5.2%
March 65.40 64.50 66.95 +2.41p +3.8%
April 63.97 61.74 64.99 +0.98p +1.6%
May 59.74 58.92 61.57 +0.96p +1.6%
June 57.13 55.72 59.32 +1.21p +2.2%
July 58.81 57.20 59.80 +3.99p +7.3%
August 58.91 58.21 61.30 -0.11p -0.2%
September 61.30 61.30 61.30 +0.52p +0.9%
October 59.00 57.70 61.97 -3.58p -5.7%
November 57.12 56.10 57.90 -4.19p -6.8%
December 59.63 57.59 61.66 -4.44p -6.9%

2012

Heating oil price by month in 2012, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
January30 days recorded 60.53 59.00 62.10 n/a
February 63.08 59.48 64.35 n/a
March 62.99 62.58 63.90 n/a
April 62.99 61.53 63.33 n/a
May 58.78 57.25 61.90 n/a
June 55.92 53.80 57.20 n/a
July 54.82 53.80 56.00 n/a
August 59.02 56.00 61.00 n/a
September 60.78 59.77 61.30 n/a
October 62.58 61.05 63.80 n/a
November 61.31 59.97 62.50 +1.68p +2.8%
December 64.07 60.50 65.99 +3.40p +5.6%

2011

Heating oil price by month in 2011, pence a litre ex VAT
Month Average p a litre Lowest day Highest day On the year
October5 days recorded 58.90 58.70 58.95 n/a
November 59.63 58.45 60.58 n/a
December 60.67 59.74 61.90 n/a

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.

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