On Fri, 22 Jun 2012 11:09:47 +0100 (BST), "Dave Liquorice"
wrote:

On Fri, 22 Jun 2012 10:25:37 +0100, MM wrote:

BoilerJuice is quoting 52.13 pence per litre for 500 litres as of
10:21 am on 22/Jun/12.

Only 500l? Hardly worth buying that little. B-)

Ring around a few local *independent* suppliers, closer the better and you
can probably knock 1 or 2p of the Boiler Juice "cartel" price. Be aware that
real independent suppliers are getting a bit thin on the ground in some parts
of the country, many companies are now owned by GB Oils, this includes Boiler
Juice and many other, apparently separate, online places.

Is it going to fall further?

It's been falling fairly steadily since the beginning of April:

http://www.boilerjuice.com/heatingOilPrices.php

Crude prices are still falling down to $90/barrel now, it was over
$125/barrel March/April. If you don't have to buy now I wouldn't and keep an
eye on the crude price and the above graph. Retail prices lag the crude price
by a few weeks, particularly when the price is falling (odd that!).

Guess who *had* to buy at 58.67 + VAT at the end of April. B-(

Local suppler 2000l, Boiler Juice quoted 61.95 + VAT at that time.

Thing is, my boiler uses very little oil in the summer months, and is
only used now for hot water provision. I switch it on manually every
morning for between 15 and 25 minutes and that gives me plenty of hot
water for the day. As such, I reckon I still have weeks left in the
tank.

But it'll be just my luck to postpone the top-up, and then get nearer
the bottom and then the price will suddenly shoot up. I don't know why
the price has fallen so much recently. Like I said initially, it's the
cheapest since January 2011.

I also refer to http://www.fastenergy.de/heizoelpreis-tendenz.htm
which today points to a falling or even trend.

MM