I see reports in today’s press that the Crude oil Stocks in the USA are low. The report also touches on the problems in the Middle East and the increase in US manufacturing. All of these issues are likely to put upward pressure on Fuel prices.
If the USA runs low on Fuel it immediately buys from Europe increasing all Fuel prices in the EU due to supply and demand. This will inevitably put pressure on Home Heating Oil prices increasing them as we move towards the Autumn and the colder weather when Home Heating Oil is in much greater demand.
The team at Top Up Fuels will be monitoring the movement of Fuel prices and their effect on Home Heating Oil costs. Find out more about how you can manage your Home Heating Oil with a much simpler system that ensures your costs are kept to a minimum, allowing you to enjoy the better things in life.