Posted in Oil on Friday November 9, 2018|
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Update for Bradbourne & Parwich Heating Oil Club
With just over six weeks to Christmas, please do check your tank levels. If you have not already filled up for the year or for Christmas, I would highly recommend doing so before the surge in pre-Christmas orders and seasonal rates cut in.
The good news is a renewed supply glut caused by surging U.S. shale production, plus higher output from Russia, Saudi Arabia, and other OPEC members, has more than offset the declines from Iran. Inventories climbed sharply in the U.S. and shale production has exceeded expectations leading to another fall in the price of crude this week which dropped below $70 a barrel today, the lowest since April.
TIP : Please order early and allow plenty of time for delivery. I recommend ordering oil when you have either 35/40% left in your tanks or six weeks supply in winter conditions. This helps ensure you do not run out and also ensures sludge and water at the bottom of the tank is not stirred up when new fuel is added
Therefore please order early and allow plenty of time for delivery. If you are low on oil then this order may not be suitable. Typical estim
You can help reduce harmful diesel emissions, CO2, danger and damage on our roads and to our villages by joining in with our group orders. In doing so we can reduce the number of heavy goods trucks driving through our towns and villages. We have secured a rate and our clubs group oil order terms for this weekend are as follows:
Rate: £0.4999 (pence per litre excluding vat [5% for Domestic use])
For full details (more…)
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