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Heating oil price history

Heating oil prices in October 2023

The Fueltool average for heating oil was 77.24p a litre excluding VAT in October 2023. That is about £811 for 1,000 litres including 5% VAT.

77.24paverage a litre, ex VAT
75.50plowest day, 13 October 2023
78.95phighest day, 3 October 2023
£811for 1,000 litres at the average, VAT included

How it compares

October 2023 against the month before and a year earlier

On the month before

+1.4%

77.24p against 76.20p in September 2023: up 1.04p a litre.

On the same month a year earlier

No comparison

No records for October 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 October 2023

Daily average, pence a litre excluding VAT, by day of October. The ring marks the lowest day and the filled dot the highest.
Daily average heating oil price in October 2023, newest first
Day Average p a litre, ex VAT On the day before Listings counted
75.80p -0.23p 143
76.03p -0.10p 140
76.13p 0.00p 140
76.13p -0.12p 140
76.25p -1.00p 143
77.25p -0.20p 143
77.45p 0.00p 143
77.45p 0.00p 141
77.45p -0.03p 141
77.48p -0.05p 144
77.53p 0.00p 144
77.53p -0.47p 144
78.00p -0.30p 144
78.30p 0.00p 147
78.30p +0.55p 147
77.75p +1.52p 147
76.23p 0.00p 148
76.23p +0.73p 148
75.50p -1.25p 145
76.75p +0.05p 144
76.70p -0.05p 144
76.75p -0.05p 144
76.80p 0.00p 140
76.80p 0.00p 137
76.80p -0.20p 137
77.00p -1.30p 137
78.30p -0.65p 137
78.95p 0.00p 142
78.95p +0.02p 142
78.93p 0.00p 142
78.93p 0.00p 142

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

More months

Other months and years

Every month of 2023

October 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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