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Heating oil price history

Heating oil prices in January 2022

The Fueltool average for heating oil was 61.61p a litre excluding VAT in January 2022 (based on the 30 days recorded). That is about £647 for 1,000 litres including 5% VAT.

Compare prices at your postcode Prices since 2011
61.61paverage a litre, ex VAT
60.00plowest day, 1 January 2022
63.99phighest day, 28 January 2022
£647for 1,000 litres at the average, VAT included

How it compares

January 2022 against the month before and a year earlier

On the month before

+0.4%

61.61p against 61.35p in December 2021: up 0.26p a litre.

On the same month a year earlier

+51.3%

61.61p against 40.72p in January 2021: up 20.89p a litre.

Day by day

Daily heating oil prices in January 2022

Daily average, pence a litre excluding VAT, by day of January. The ring marks the lowest day and the filled dot the highest. No record for 3 January, so the line stops there.
Day Average p a litre, ex VAT On the day before Listings counted
63.99p 0.00p 84
63.99p 0.00p 84
63.99p 0.00p 84
63.99p +1.49p 82
62.50p +0.55p 79
61.95p +0.21p 79
61.74p -0.26p 79
62.00p 0.00p 79
62.00p +0.11p 79
61.89p +0.12p 82
61.77p 0.00p 81
61.77p +0.27p 81
61.50p +0.10p 81
61.40p 0.00p 77
61.40p 0.00p 72
61.40p 0.00p 75
61.40p 0.00p 75
61.40p 0.00p 67
61.40p +0.75p 67
60.65p 0.00p 72
60.65p 0.00p 72
60.65p 0.00p 72
60.65p 0.00p 72
60.65p 0.00p 72
60.65p -0.75p 72
61.40p 0.00p 65
61.40p +1.40p 64
60.00p n/a 62
60.00p 0.00p 62
60.00p 0.00p 62

Figures for January 2022 run from 1 January 2022 to 31 January 2022: 30 of the month's 31 days have a record, with none for 3 January. The month's average is the mean of these daily figures.

More months

Other months and years

Every month of 2022

January 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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