'I fear for wee families' - home heating oil jumps £100 in three weeks
The price of home heating oil is on the rise again after a period of respite. Consumer Council for Northern Ireland (CCNI) figures show that
The price of home heating oil is on the rise again after a period of respite. Consumer Council for Northern Ireland (CCNI) figures show that in just three weeks the average cost of 500 litres of home heating oil has jumped from £346.59 to £445.37 – an increase of £98.78 (29%).
The organisation's Raymond Gormley said the price rise is in response to the escalation of fighting between the US and Iran. About two thirds of Northern Ireland households use home heating oil, by far the highest of any UK region.
Home heating oil prices peaked at £612.37 for 500 litres on average in April and had dropped to a low of £346.59 for the same amount earlier this month. The most recent CCNI figures, external show 300 litres of home heating oil costs an average £276.23 – up from £216.44 on 2 July.
A delivery of 900 litres now costs an average of £789.07 – an increase of £173.84 since 2 July.
The BriefWire