Archive for the ‘Oil’ Category

Oil Price Lower

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Update for Bradbourne & Parwich Heating Oil Club

Oil is about to record its first full weekly loss in 3 months with Brent Crude down to $112 a Barrel on Friday afternoon.
Estimated delivery times are 5 to 10 working days. Delivery times are only an estimated delivery time. Please allow plenty of time for your order to be delivered.

If you are low on heating oil and need a quick delivery, or your oil levels wont last until the end of the delivery timeframe for this order then this group order will not be suitable.

Rate:  £0.9945 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Higher :-O

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

Brent Crude has settled at around $120 a barrel this week as increased demand combined with the reduced capacity in the market largely due to the restrictions on Russian oil supplies pushes prices higher again.
Estimated delivery times are 5 to 10 working days. Delivery times are only an estimated delivery time. Please allow plenty of time for your order to be delivered.

If you are low on heating oil and need a quick delivery, or your oil levels wont last until the end of the delivery timeframe for this order then this group order will not be suitable.

Rate:  £1.0235 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Higher

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

Brent Crude passes $124 a barrel this week as oil prices rally on robust demand outlook and the global spare oil production capacity is looking very tight, especially without Russian oil supply.
Estimated delivery times are 5 to 10 working days. Delivery times are only an estimated delivery time. Please allow plenty of time for your order to be delivered.

If you are low on heating oil and need a quick delivery, or your oil levels wont last until the end of the delivery timeframe for this order then this group order will not be suitable.

Rate:  £0.9985 (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

Oil prices settled down this week with Brent Crude falling back below $115 per barrel after seeing highs of $123.
Estimated delivery times are 5 to 10 working days. Delivery times are only an estimated delivery time. Please allow plenty of time for your order to be delivered.

If you are low on heating oil and need a quick delivery, or your oil levels wont last until the end of the delivery timeframe for this order then this group order will not be suitable.

Rate:  £0.9349 (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

Oil prices rose further on Friday, extending this weeks gains, as demand looks strong with the U.S. driving season starting and Shanghai in China gradually reopening after two months of strict lockdowns. Brent Crude passes $117 per barrel in midday trading on Friday
Estimated delivery times are 5 to 10 working days. Delivery times are only an estimated delivery time. Please allow plenty of time for your order to be delivered.

If you are low on heating oil and need a quick delivery, or your oil levels wont last until the end of the delivery timeframe for this order then this group order will not be suitable.

Rate:  £0.8735 (pence per litre excluding vat [5% for Domestic use])

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Oil Price – Slightly Down

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

Oil prices end the week slightly up on last Friday, with Brent Crude at $112 per barrel in midday trading on Friday. Once again, the market is balanced with any upward trend due to the Ukraine conflict being offset by the downturn in demand from China due to Covid lockdowns across major cities.
Estimated delivery times are 5 to 10 working days. Delivery times are only an estimated delivery time. Please allow plenty of time for your order to be delivered.

If you are low on heating oil and need a quick delivery, or your oil levels wont last until the end of the delivery timeframe for this order then this group order will not be suitable.

Rate:  £0.8995 (pence per litre excluding vat [5% for Domestic use])

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Oil Price – Slightly Down

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

Oil prices end the week slightly down on last Friday, with Brent Crude at $110 per barrel in midday trading on Friday. Once again, any gains due to the ban on imports of Russian Crude and oil products by the end of the year are being offset by the slowing Chinese oil demand due to new Covid lockdowns across major cities.
Estimated delivery times are 5 to 10 working days. Delivery times are only an estimated delivery time. Please allow plenty of time for your order to be delivered.

If you are low on heating oil and need a quick delivery, or your oil levels wont last until the end of the delivery timeframe for this order then this group order will not be suitable.

Rate:  £0.9245 (pence per litre excluding vat [5% for Domestic use])

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Oil Price – Up Again

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

Oil prices were set for a second consecutive weekly gain as Brent Crude tops $113 per barrel in early trading on Friday morning as the EUs proposal to ban imports of all Russian Crude and oil products by the end of the year trumped market concerns about slowing Chinese oil demand.
Estimated delivery times are 5 to 10 working days. Delivery times are only an estimated delivery time. Please allow plenty of time for your order to be delivered.

If you are low on heating oil and need a quick delivery, or your oil levels wont last until the end of the delivery timeframe for this order then this group order will not be suitable.

Rate:  £0.9980 (pence per litre excluding vat [5% for Domestic use])

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Oil Price – Up

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

Brent Crude once again passes $110 a barrel as news outlets confirm OPEC+ are holding tight on current production levels, despite demands to increase output.
Estimated delivery times are 5 to 10 working days and please allow for the bank holiday. Delivery times are only an estimated delivery time. Please allow plenty of time for your order to be delivered and take into consideration that with cold weather comes higher oil usage so please ensure you have allowed enough time for delivery.

If you are low on heating oil and need a quick delivery, or your oil levels wont last until the end of the delivery timeframe for this order then this group order will not be suitable.

Rate:  £0.9187 (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


Although Brent Crude is back over $105 a barrel, demand on suppliers has fallen and the supply issues from over the last few weeks are no longer having an impact on Kerosene rates.
Estimated delivery times are 5 to 10 working days. Delivery times are only an estimated delivery time. Please allow plenty of time for your order to be delivered and take into consideration that with cold weather comes higher oil usage so please ensure you have allowed enough time for delivery.

If you are low on heating oil and need a quick delivery, or your oil levels wont last until the end of the delivery timeframe for this order then this group order will not be suitable.

Rate:  £0.8699 (pence per litre excluding vat [5% for Domestic use])

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Oil Price – Down Slightly

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


Over the past week oil prices have stabilised with Brent Crude hovering around $100 a barrel. Suppliers are reporting demand is falling back to normal levels for this time of year and also bringing down the delivery times. However, please remember Easter is just a week away and suppliers will be closed and not delivering on Good Friday or Easter Monday, so please take this into account for your delivery times.
Estimated delivery times are 5 to 10 working days. Delivery times are only an estimated delivery time. Please allow plenty of time for your order to be delivered and take into consideration that with cold weather comes higher oil usage so please ensure you have allowed enough time for delivery.
If you are low on heating oil and need a quick delivery, or your oil levels wont last until the end of the delivery timeline for this order, or if you need guaranteed delivery by the Easter bank holiday then this group order will not be suitable.

Rate:  £0.9284 (pence per litre excluding vat [5% for Domestic use])

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Oil Price – First Time in a While!

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Update for Bradbourne & Parwich Heating Oil Club


With the UK, Australia, US and Canada introducing total bans on Russian Oil purchases, stock from alternative sources is in extremely high demand currently and we have seen this cause a shortage in the UK over recent weeks. Brent Crude has dropped over the course of this week to $105 a barrel, still high from prices at the start of the year, but a welcome improvement from the last couple of weeks. This offer is subject to stock availability and may be withdrawn by the supplier at any time so our normal Monday morning 11.30am cut off time does not apply.
Estimated delivery times are 7 to 14 working days. Delivery times are only an estimated delivery time. Please allow plenty of time for your order to be delivered and take into consideration that with cold weather comes higher oil usage so please ensure you have allowed enough time for delivery.
If you are low on heating oil and need a quick delivery, or your oil levels wont last until the end of the delivery timeline for this order, or if you need guaranteed delivery by the Easter bank holiday then this group order will not be suitable.

Rate:  £0.9545 (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


The Ukraine crisis pushed Brent Crude over $105 a barrel on Thursday but has since fallen back to $97 a barrel. However, we have heard from several suppliers today that a lack of product at a number of terminals is pushing kerosene prices even higher in the UK. If you do not need to order fuel, you may wish to wait until oil prices and supply issues stabilise.
Estimated delivery times are 7 to 14 working days. Delivery times are an estimated delivery time. Please allow plenty of time for your order to be delivered and take into consideration that with the cold weather comes higher oil usage so please ensure you have allowed enough time for delivery. If you are low on heating oil and need a quick delivery, this group order will not be suitable.

TIP: Over time condensation and sludge naturally build up in your tank and can cause issues if sucked into your system. We recommend adding a bottle of additive to your oil to help break down any sludge and clear the injectors and pipes, and putting a water scavenger in every few months to absorb any water that has built up at the bottom of your tank.
Additives and water scavengers can be purchased from The Oil-Club Store. Please note, if you have an AGA then please ensure you order the cooker additive.

Rate:  £0.7244 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Steady (but high)

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


After weeks of rising oil prices, Brent Crude settles back to $92 a barrel as talks between Russia, the US and Europe continue in an attempt to de-escalate tension over Ukraine.
Delivery times are 7 to 14 working days. Delivery times are an estimated delivery time. Please allow plenty of time for your order to be delivered and take into consideration that with the cold weather comes higher oil usage so please ensure you have allowed enough time for delivery. If you are low on heating oil and need a quick delivery, this group order will not be suitable.

TIP: Show your tank some love this Valentines Day! Over time condensation and sludge naturally build up in your tank and can cause issues if sucked into your system. We recommend adding a bottle of additive to your oil to help break down any sludge and clear the injectors and pipes, and putting a water scavenger in every few months to absorb any water that has built up at the bottom of your tank.
Additives and water scavengers can be purchased from The Oil-Club Store. Please note, if you have an AGA then please ensure you order the cooker additive.

Rate:  £0.5975 (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 continues its relentless rise with Brent Crude approaching $93 a barrel. Tensions between Russia and Ukraine, coupled with Cyberattacks on two German-based oil storage companies and reports of new attacks coming out of the Netherlands and Belgium have pushed prices to levels not seen for over 7 years.
Delivery times are 7 to 12 working days. Delivery times are an estimated delivery time. Please allow plenty of time for your order to be delivered, and take into consideration that with the cold weather comes higher oil usage so please ensure you have allowed enough time for delivery. If you are low on heating oil and need a quick delivery, this group order will not be suitable.

TIP: Give the inside of your tank a Spring clean! It is a good idea to add a bottle of Exocet additive to your tank every now and then to breakdown any sludge build up and clear the injectors and pipes. In addition, Exocet additive also lowers carbon emissions, stabilises fuel, and improves overall fuel performance. Additives can be purchased from The Oil-Club Store. Please note: If you have an AGA, then please ensure you order the cooker additive.

Rate:  £0.6097 (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


Over the past week, drone attacks against targets in the UAE and escalating tensions between Russia and Ukraine have pushed oil prices higher, with Brent Crude passing $87 a barrel and at one point passing $89, the highest level since 13th October 2014.
Delivery times are 7 to 12 working days. Delivery times are an estimated delivery time, as some suppliers are once again suffering some level of driver shortages due to self-isolating. Therefore, please allow plenty of time for your order to be delivered. If you are low on heating oil and need a quick delivery, this group order will not be suitable.

TIP: Do your bit for the environment – Want to give back to the environment to offset the carbon emissions generated by your heating oil order? We offer our members options to do just that, including purchasing a tree to plant in the UK or by donating to protect a long-established tree in the Amazon Rainforest or both, via our partner Carbon Footprint.
To find out more about our carbon offsetting options, please see the Carbon Offset section in our Club Store.

Rate:  £0.5771 (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 continue to rise with Brent Crude passing $85 a barrel this week, up $4 from last week, as economies around the world bounce back despite the Omicron cases still rising in many parts of the world.
Delivery times are 7 to 12 working days. Delivery times are an estimated delivery time, as some suppliers are once again suffering some level of driver shortages due to self-isolating. Therefore, please allow plenty of time for your order to be delivered. If you are low on heating oil and need a quick delivery, this group order will not be suitable.

TIP: Go green this January – Want to offset the carbon emissions generated by your heating oil order by giving back to the environment? This can be done by purchasing a tree to plant here in the UK or by donating to protect a long-established tree in the Amazon Rainforest or both, via our partner Carbon Footprint.
To find out more about carbon offsetting options, please see the Carbon Offset section in our Club Store.

Rate:  £0.5695 (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


Brent Crude prices continue to rise passing $78 a barrel this week as US crude stocks decline further and slower than expected US production.

Delivery times are 7 to 12 working days. Delivery times are an estimated delivery time, as some suppliers are once again suffering driver shortages due to self-isolating. Therefore, please allow plenty of time for your order to be delivered. Please note, orders placed this weekend will be delivered in the New Year, so if you are low on heating oil and need a quick delivery, this group order will not be suitable.

Rate:  £0.5662 (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


Brent Crude prices rebound passing $76 a barrel this week on news of a decline in US crude stocks despite concern over the new Covid variant.

Orders for the Christmas break will close on Wednesday 29th for delivery in the New Year.

Delivery times are 7 to 12 working days. Delivery times are an estimated delivery time, therefore please allow plenty of time for your order to be delivered. Please note, orders placed this weekend will be delivered in the New Year, so if you are low on heating oil and need a quick delivery, this group order will not be suitable.

Rate:  £0.5610 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Up

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


Brent Crude prices hold at around $74 a barrel this week. Many suppliers are advising they are now fully booked up to the 24th for standard deliveries. We are once again getting reports of driver issues with drivers having to self-isolate. This weekends orders will be delivered after the 29th and most likely early January 2022 if on a 10 working day delivery timeline.

To ensure you do not run out of fuel over the festive break we suggest you visually inspect your tank just in case your meter is not working properly (every week we hear about faulty meters, it is a common issue). Remember, we often use a lot more fuel of the festive break. With potential delivery issues on the horizon again, please order early and allow plenty of time for your delivery.

Delivery times are 7 to 12 working days. Delivery times are an estimated delivery time, therefore please allow plenty of time for your order to be delivered. Please note, orders placed this weekend may now not be delivered until after Christmas, so if you are low on heating oil and need a quick delivery, this group order will not be suitable.

Rate:  £0.5795 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Up

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


Brent Crude prices bounce back to over $75 a barrel this week and Kerosene prices see a noticeable jump as demand on suppliers for deliveries before Christmas more than doubles. A number of suppliers are advising they are now fully booked up to the 24th therefore not taking on any new orders now until after Christmas now.

To ensure you do not run out of fuel over the festive break we suggest you visually inspect your tank just in case your meter is not working properly (every week we hear about faulty meters, its a very common issue).

Delivery times are 7 to 12 working days. Delivery times are an estimated delivery time, therefore please allow plenty of time for your order to be delivered. Please note, orders placed this weekend may now not be delivered until after Christmas, so if you are low on heating oil and need a quick delivery, this group order will not be suitable.

Rate:  £0.5465 (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

Brent Crude prices fall below $80 a barrel today, the lowest since the end of September, as Europe contends with rising COVID cases and is returning to lockdowns resulting in a lower than expected demand for fuels.

Delivery times are 5 to 10 working days. Delivery times are an estimated delivery time, so please allow plenty of time for your order to be delivered. If you are low on heating oil this group order will not be suitable.

Rate:  £0.5295 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Steady

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

Brent Crude prices fall below $82 a barrel this week as OPEC cuts 2021 global oil demand forecast, mainly due to slower than anticipated demand from China and India in the third quarter.

Delivery time is still 5 to 10 working days. Delivery times are an estimated delivery time, so please allow plenty of time for your order to be delivered. If you are low on heating oil this group order will not be suitable.

Rate:  £0.5445 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Higher

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

The cost of kerosene remains high, but the good news is that the cost of Brent Crude has now stopped rising and in-fact dropped back to below $85 a barrel this week as a new normal settles in. However, the cost of oil remains volatile, with gas prices at their highest ever those who can switch to oil are doing so, leading to higher than normal demand over the winter period.

Many suppliers are unable to take on new bulk orders as they are fully booked for the next few weeks.

Delivery time is still 7 to 14 working days, but due to demand and driver shortages in some areas these times are an estimated delivery time, so please allow plenty of time for your order to be delivered. If you are low on heating oil this group order will not be suitable.

Rate:  £0.5702 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Still High

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

The cost of kerosene remains high, as demand and dwindling stocks have pushed the cost of Brent Crude past $85 a barrel this week.

Many suppliers are unable to take on new bulk orders as they are fully booked for the next few weeks.

Delivery time is still 7 to 14 working days, but due to demand and driver shortages in some areas these times are an estimated delivery time, so please allow plenty of time for your order to be delivered. If you are low on heating oil this group order will not be suitable.

Rate:  £0.5560 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Up

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

The cost of kerosene remains high, pushed up by demand from the domestic and commercial sectors, meaning the cost of Brent Crude is now heading for $85 a barrel.
Many suppliers are unable to take on new bulk orders as they are fully booked for the next few weeks.
Delivery time is still 7 to 14 working days, but due to demand and driver shortages in some areas these times are an estimated delivery time, so please allow plenty of time for your order to be delivered. If you are low on heating oil this group order will not be suitable.

Rate:  £0.5545 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Up

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

We have seen a huge spike in rates this week due to the demand on suppliers for heating oil. In fact we have not put rates forward for a number of areas due to some rates being too high, and a lot of suppliers are unable to even take on new orders.

Delivery times is 7 to 14 days, but due to demand and driver shortages in some areas these times are now an estimated delivery time, so please allow plenty of time for your order to be delivered. If you are low on heating oil this group order will not be suitable.

Rate:  £0.5248 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Up

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

Brent Crude hits a two-month high passing $77 a barrel today, as oil inventories dwindle further and 20% of the Gulf of Mexico production is still off line due to Storm Ida.

Delivery times 7 to 12 days, but due to driver shortages in some areas these times are now an estimated delivery time, so please allow plenty of time for your order to be delivered. If you are low on heating oil this group order will not be suitable.

TIP: Supply chain delays are growing! We are already seeing a number of issues developing in the industry causing delays on deliveries, including driver shortages, a sharp increase in demand for oil, as well as production cuts. Delivery timelines are now heading up to 14 working days, so please be sure to order earlier than usual to ensure you don’t run out before a delivery can get to you.
Our recommendation to our members is now to order when you have 5+ weeks worth of oil left.

Rate:  £0.4995 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Steady

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

Around 80 percent of Gulf of Mexico oil production remains shut in after Hurricane Ida according to BSEE data, holding oil at around $73 a barrel for Brent Crude this week.

Delivery times 7 to 10 days, but due to driver shortages in some areas these times are now an estimated delivery time, so please allow plenty of time for your order to be delivered. If you are low on heating oil this group order will not be suitable.

TIP: Cut back any overgrown greenery – As we come to the end of the summer months, greenery is at its fullest. Therefore it is a good idea to cut back any overgrowth that may be surrounding your tank or obscuring access to your property, so that the tanker drivers are able to access your property, inspect whether the tank is safe, and to deliver your oil safely. Drivers are required to inspect at least 3 sides of a tank, and may not be able to successfully complete a delivery if this is not possible or their access is obscured.

Rate:  £0.4301 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Up

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

Oil prices continue to rise with Brent Crude up at $73 a barrel as a number of refineries in Louisiana remain off line and could take weeks to restart after Hurricane Ida passed through.

Delivery times 7 to 10 days, but due to driver shortages in some areas these times are now an estimated delivery time, so please allow plenty of time for your order to be delivered. If you are low on heating oil this group order will not be suitable.

TIP: Cut back greenery – As we come to the end of the summer months, greenery is at its fullest. So it is a good idea to cut back any overgrowth that may be surrounding your tank or obscuring access to your property, so that the tanker drivers are able to access your property, inspect whether the tank is safe, and to deliver your oil safely.

Rate:  £0.4332 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Up

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

Oil prices rebounded this week after a fatal fire on a major Mexican state-owned platform in the Gulf, which reduced oil production by more than 400,000 barrel per day. Brent Crude is back up to $72 a barrel.

TIP: Avoid Driver Shortages – We are aware of some concern from suppliers about potential driver shortages this winter, which could lead to much longer delivery times. Therefore, please ensure you order in plenty of time and don’t get caught out this winter.

Rate:  £0.4224 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Falling?

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

Oil prices fell further on Friday for the seventh day in a row, the longest run of daily declines since 2019, amid growing concerns about global oil demand and an indication from the Fed it would ease its stimulus program. Brent crude down to $65 a barrel today.

TIP: Don’t get caught out in the cold this winter – please double check your tank is in good condition and your gauge is working correctly so you know you are going into the winter months with a healthy, safe tank.
It is worth doing a visual check of your tank now ahead of the upcoming cold months to ensure there are no sags, cracks or bulges in the tank, that the base of the tank is sturdy and adequate for the tank size and weight, and that the delivery drivers are able to see at least 3 sides of the tank when they do their visual inspections, to avoid any possible refused deliveries.

Rate:  £0.4130 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Steady

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

Brent Crude remains around $71 a barrel with continued concern by rising COVID cases in many countries incllduing in the world’s largest oil importer, China.

TIP: You can do your bit for the environment – Our carbon offsetting scheme offers you the option to offset the carbon emissions generated by your heating oil order. This can be done by purchasing a tree to plant here in the UK or by donating to protect a long-established tree in the Amazon Rainforest via our partner, Carbon Footprint.

To find out more about these green initiatives, please see the ˜Carbon Offset” section in our Club Store.

Rate:  £0.4168 (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

Brent Crude falls further this week to $71 a barrel, depressed by rising COVID cases in many countries and renewed travel restrictions in the world’s largest oil importer, China.

TIP: You can do your bit for the environment – Our carbon offsetting scheme offers you the option to offset the carbon emissions generated by your heating oil order. This can be done by purchasing a tree to plant here in the UK or by donating to protect a long-established tree in the Amazon Rainforest via our partner, Carbon Footprint.

To find out more about these green initiatives, please see the ‘Carbon Offset’ section in our Club Store.

Rate:  £0.4174 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Going Up

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

The OPEC+ decision last week to add additional Crude supply to the market every month starting in August and the resurgence of Covid-19 in some parts of the world led to a brief drop in the oil price last week. However, with demand holding up, Brent Crude once again passed $76 a barrel this week.

TIP: Upgrade your oil to Premium oil – It is a good idea to upgrade your fuel to Premium fuel with a bottle of Exocet Additive. Exocet Additives lower carbon emissions, stabilise fuel, clean injectors, inhibit sludge formation in your tank, and improve overall fuel performance and efficiency.

We have a selection of Additives available in The Oil-Club Store with discounted Club prices for our members. If you have an AGA or Range cooker (with a wick), then please ensure you order the Cooker Additive.

Rate:  £0.4204 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Steady

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

OPEC+ have reached a deal this week to increase supply to the market from August onwards in a bid to cool off oil prices which had reached 2 1/2 year highs. This has removed some uncertainty from the market and subsequently caused Brent Crude prices to dip this week just over $73 a barrel, however Goldman Sachs have voiced their expectations that Brent Crude could reach $80 a barrel later this summer.

TIP: Remove unwanted water from your tank – Over time condensation causes water to build up at the bottom of your tank (especially after warmer weather), and if stirred up into the oil when new fuel is added the water can be sucked through your fuel line into your system and cause issues.
To combat this, we recommend using water scavengers every 3 months or so 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 in the members area.

Rate:  £0.4184 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Up

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

Oil prices remain at a 3-year high with Brent crude maintaining $75+ a barrel as markets believe oil demand will return to pre pandemic levels by the end of the year.

TIP: Remove condensation from your tank – With the recent warmer weather heating up oil tanks, there may be more condensation in your tank than usual. Over time water builds up at the bottom of a tank through condensation.
To prevent this causing issues we recommend using a Water Scavenger which will absorb any water in your tank. It is simple to use, just fix the cord to the tank and drop in the Scavenger. Or if you would like to test for water first, you can purchase a Water Test Kit. For more information please visit The Club Store.

Rate:  £0.4195 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Steady

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

Brent Crude falls back slightly to below $73 a barrel on news the Federal Reserve said it may lift rates as early as 2023, a year earlier than previously expected, sending the dollar higher. However, strong oil demand and lower U.S. Crude oil inventories are capping any downward trend.
Delivery times are 5 to 10 working days from Club order on Monday. Please note the delivery times are estimated and are subject to weather and supply conditions. If you are low or have run out then this group order will not be suitable.

Rate:  £0.3995 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Up

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

Brent Crude continues to rise, heading for $73 a barrel as economies re-open after lockdowns, and a consequent surge in travel has pushed Crude oil prices to levels last seen a few years ago.
Delivery times are 5 to 10 working days from Club order on Monday. Please note the delivery times are estimated and if your delivery time is 10 working days. If you are low or have run out then this group order will not be suitable.

Rate:  £0.3995 (pence per litre excluding vat [5% for Domestic use])

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Oil Price Up

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

Oil prices rose early on Friday for a sixth consecutive day on expectations that re-opening economies and higher travel numbers in the United States and Europe would boost fuel demand. These expectations outweighed the concerns this week over the spread of Coronavirus in parts of Asia and the potential return of Iranian oil to the market. Brent Crude is currently at $69.66 a barrel.
Delivery times are 7 to 10 working days from Club order on Monday. Please note the delivery times are estimated and if your delivery time is 10 working days, please allow for the Monday bank Holiday. If you are low or have run out then this group order will not be suitable.

TIP: Avoid tank issues by removing water – Water naturally builds up at the bottom of tanks over time from condensation. To prevent unwanted water causing issues with your system, we recommend using a Water Scavenger every now and then to absorb any contaminated water in your tank. It is simple to use, just fix the cord to the tank and drop in the Scavenger. Or if you would like to test for water first you can purchase a Water Test Kit. For more information, please visit The Club Store.

Rate:  £0.3945 (pence per litre excluding vat [5% for Domestic use])

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