Archive for the ‘Oil’ Category

Oil Price Drops

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Update for Bradbourne & Parwich Heating Oil Club

The oil markets are obsessed with Chinas demand for oil, and now fear that demand will drop in the coming weeks as China starts to lock down cities in the wake of the SARS Coronavirus has pushed Brent Crude to a new low this year hovering around $61 a barrel today.

Estimated delivery times are up to 10 working days. If you are low on oil, this order will not be suitable. Delivery times are estimated and subject to supply and weather conditions, so please order early. For peace of mind, we always recommend ordering when you have around six weeks supply in cold conditions.

TIP – Water Scavengers: Over time condensation can cause water to build up on the bottom of your tank and this can cause issues, especially when new fuel is added when the tank is low, as the water can be stirred up and sucked into your system, which often results in a visit from an engineer. We recommend using water scavengers every so often to absorb and remove any water sat in your tank. You can find a range Water Scavengers and the Water Test Kit in our Club Store.

Rate:  £0.4355 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Settles Down

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Update for Bradbourne & Parwich Heating Oil Club

Crude prices have settled back to around $65 a barrel this week as Middle Eastern tensions continue to calm down. Rates are generally lower this week compared to recent months so it may be a good time to order for the cold months ahead.

Estimated delivery times are up to 10 working days. If you are low on oil, this order will not be suitable. Delivery times are estimated and subject to supply and weather conditions, so please order early. For peace of mind, we always recommend ordering when you have around six weeks supply in cold conditions.

TIP: If your tank level is low when new oil is added, sludge and water sat on the bottom can be stirred up and sucked into your system and cause issues. Aside from filling up in plenty of time, it is also a good idea to add additives to your oil to inhibit sludge build up, and also to use water scavengers every so often to absorb any water sat at the bottom of your tank. You can find a range of additives and water scavengers in our Club Store.

Rate:  £0.4536 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Down

FBF25C80-2C22-4991-8A46-7C20D86EC212
Update for Bradbourne & Parwich Heating Oil Club

After the events this week in the Middle East it would appear concerns of a major escalation have eased, as Crude prices head back to pre-crisis levels of around $65 a barrel.

Estimated delivery times are up to 10 working days. If you are low on oil, this order will not be suitable. Delivery times are estimated and subject to supply and weather conditions, so please order early. For peace of mind, we would always recommend ordering when you have around six plus weeks supply in cold conditions.

TIP: Make your fuel go further and upgrade to premium fuel with Exocet additive. Exocet additives lower carbon emissions, stabilise fuel, inhibit sludge formation in the tank, and improve overall fuel performance. Additives can be purchased from The Club Store. If you have an AGA then please ensure you order the Cooker additive.

Rate:  £0.4750 (pence per litre excluding vat [5% for Domestic use])

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Oil Price

FBF25C80-2C22-4991-8A46-7C20D86EC212
Update for Bradbourne & Parwich Heating Oil Club

As you may have already heard, tensions in the Middle East have once again escalated pushing crude oil to $70 a barrel. Our concern is, with the peak months for heating oil demand ahead, how Iran will react and what will happen with the oil prices?

Estimated delivery times are up to 10 working days. If you are low on oil, this order will not be suitable. Delivery times are estimated and subject to supply and weather conditions, so please order early. For peace of mind, we would always recommend ordering when you have around six plus weeks supply in cold conditions.

TIP: Please check the condition of your tank. Many suppliers require their drivers to inspect the tank for cracks and sags prior to adding oil to a tank, and they may not deliver if the driver finds a problem or is unable to carry out a full inspection. Therefore, please ensure the driver has unrestricted access to your tank. If in doubt, please ask your boiler engineer to inspect the tank as soon as you can.

Rate:  £0.4932 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Up and Up!

FBF25C80-2C22-4991-8A46-7C20D86EC212
Update for Bradbourne & Parwich Heating Oil Club

Brent Crude continues to rise, reaching $68 a barrel today, on news that Iran, Russia, and China will begin on Saturday joint navy drills in the northern Indian Ocean including the critical oil chokepoint, the Strait of Hormuz.

Beat the January rush.
Estimated delivery times are up to 10 working days. Please allow extra time for the Bank holiday. If you are low on oil, this order will not be suitable. Delivery times are estimated and subject to supply and weather conditions so please order early.

TIP: Please check the condition of your tank. Many suppliers require their drivers to inspect the tank for cracks and sags, and may not deliver if the driver finds a problem or is not able to carry out a full inspection. Therefore, please ensure the driver has unrestricted access to your tank. If in doubt, please ask your boiler engineer to inspect the tank as soon as you can.

Rate:  £0.5187 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Rising?

FBF25C80-2C22-4991-8A46-7C20D86EC212
Update for Bradbourne & Parwich Heating Oil Club

Oil prices rise this week, with Brent Crude passing $65 a barrel on news that Trump and China have agreed to “pause” their trade dispute. Estimated delivery times are up to 10 working days. Please allow extra time for the Christmas break. If you are low on oil, this order will not be suitable. Delivery times are estimated and subject to supply and weather conditions.

TIP: Upgrade to Premium fuel – Make your fuel go further and upgrade to premium fuel with the market leading Exocet premium additive. Exocet additives lower carbon emissions, stabilise fuel, inhibit sludge formation in the tank, and improve overall fuel performance. Additives can be purchased from The Club Store. If you have an AGA or Rayburn then please ensure you order the Cooker additive.

Rate:  £0.4858 (pence per litre excluding vat [5% for Domestic use])

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Oil Deliveries

My oil delivery due on or before 4th December was from Potteries Fuels via the Oil Club. It still hasn’t arrived. The staff at the Oil Club have been trying to contact Potteries Fuels on my behalf without success however they have finally told the Oil Club that they will be delivering tomorrow 10th December. To avoid Potteries Fuels (or another poor service provider) in the future, you can email the Oil Club prior to placing an order to find out who the supplier will be – and then avoid at all costs!

Fiona H

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