Home heating oil prices in Northern Ireland drop to lowest level in months
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The Consumer Council's weekly price check shows that the average price of 900 litres of oil is now £826.89, a drop of more than £50 in a week and nearly £100 over the past fortnight.
The highest average price for the same quantity of oil was in March – shortly after the Ukraine war started – when householders had to fork out an eye-watering £1,181.
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Hide AdWhile this week’s prices show a welcome downturn, it is still worth shopping around for the best deal as many suppliers will deliver further afield at no extra cost.The Consumer Council figures also show a difference between Northern Ireland’s local council areas.
The highest average price for 300 litres this week is £293.70 in Armagh, Banbridge and Craigavon while the lowest average price of £282.47 was found in Mid and East Antrim.
When it comes to 500 litres, residents of Newry city, Mourne and Down are paying £473.15 while the average price in Antrim in Newtownabbey is £457.40.
The highest average cost of 900 litres is currently £839.70 in Derry City and Strabane while the lowest is £812.57 in Antrim and Newtownabbey.
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Hide AdThe Consumer Council says that many people find it difficult to budget for large one-off bulk deliveries. Larger orders are a higher one-off cost, but smaller orders cost more per litre. Buyers often have no option but to place these smaller, more expensive orders but joining a local oil buying club is one solution to this problem.