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Heating oil news
Market brief
Published 1 September 2026
UK average today
110.54p /litre ex VAT
1,000-litre fill
£1,161 incl VAT
On the week (ex VAT)
↓ 0.2p
Prices & historySee the price chart →

From the archive. This brief is from 1 September 2026, and prices have moved since. The figures above are today's. Read the latest brief (29 September 2026) →

The market brief ·

Russia stops selling diesel, petrol and jet fuel abroad after Ukrainian drone strikes on its refineries

Russia has stopped selling diesel, petrol and jet fuel abroad after Ukrainian drone strikes on its refineries, and heating oil has followed. A 1,000-litre fill costs about £940 before VAT (about £990 including VAT), roughly £60 more than on Friday.

What changed

Russia has stopped selling diesel, petrol and jet fuel abroad, after another wave of Ukrainian drone strikes left its refineries processing less oil than at any time since 2005. America also struck Iranian rocket launchers near the Strait of Hormuz, the sea lane that carries about a fifth of the world's oil, and Brent crude has climbed back above $91 a barrel.

The fill on 1 September

Heating oil has followed, with the UK average on our tracker up about 4p a litre overnight. A 1,000-litre fill now costs about £940, roughly £60 more than on Friday. Kerosene comes out of the same part of the refinery as diesel, so when the world is short of diesel, heating oil gets dearer with it.

A fill in the month to 1 September

1,000 litres · including 5% VAT
Recorded UK average cost of a 1,000-litre fill From £957 on 2 Aug to £984 on 1 Sep. Including VAT. Full figures are in the table below. £1,000 £900 £800 2 Aug 1 Sep
Fueltool daily recorded averages. Dates without a snapshot are joined by a straight line.
View the daily figures
Date1,000 litres, incl VAT
2 Aug 2026£956.69
3 Aug 2026£956.04
4 Aug 2026£936.41
5 Aug 2026£931.40
6 Aug 2026£923.98
7 Aug 2026£921.21
8 Aug 2026£902.89
9 Aug 2026£902.89
10 Aug 2026£870.39
11 Aug 2026£928.96
12 Aug 2026£916.60
13 Aug 2026£933.61
14 Aug 2026£916.26
15 Aug 2026£933.39
16 Aug 2026£933.39
17 Aug 2026£901.77
18 Aug 2026£927.94
19 Aug 2026£928.46
20 Aug 2026£924.53
21 Aug 2026£940.78
22 Aug 2026£934.85
23 Aug 2026£934.08
24 Aug 2026£917.97
25 Aug 2026£903.30
26 Aug 2026£863.27
27 Aug 2026£871.21
28 Aug 2026£892.13
31 Aug 2026£910.59
1 Sep 2026£984.19

The background

The story of this year is that the world has enough crude oil but not enough working refineries to turn it into fuel, first because of the war around the Strait of Hormuz and now because of the strikes on Russia.

Heating oil starts September roughly three-quarters dearer than a year ago, though still about 43p a litre below the 137.6p peak reached in March.

What to watch

Two things decide where prices go from here: whether the strikes on Russia's refineries continue and how long the export ban lasts, and whether Europe can bring in enough diesel from America, India and the Middle East before the winter heating season arrives.

Written by Fueltool · 1 September 2026. Published when the market moves; the prices in the ticker update separately.
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