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Energy

Heating oil prices

For context
110.7pence a litre for heating oil in October 2026, about £1,107 for a typical 1,000 litre fill

+112.0% on a year earlier. The highest price since the series began in 1989

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What it means: the typical price of kerosene heating oil, used by around 1.5 million homes that are not on the gas grid, mostly in rural areas and Northern Ireland. Unlike gas and electricity it has no price cap, so it follows world oil prices closely. Prices include 5% VAT and are not adjusted for inflation. Shown for context.

Source: DESNZ, monthly and annual prices of road fuels and petroleum products, table 4.1.1 (standard grade burning oil).