Northern Ireland home heating oil prices now as low as last July

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The cost of home heating oil across Northern Ireland has dropped to its lowest price since last July, according to latest figures.

The recent chilly temperatures may mean that households are turning on their heating even though summer has officially arrived, but there is some comfort that oil prices are on a downward trend.

The Consumer Council, which carries out a weekly price check across all of Northern Ireland’s local council areas, has revealed that the average cost of 500 litres is now £299.46.

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Similar drops in price have also been recorded for 300 litres, with the average price in Northern Ireland now £188.70 and for 900 litres with the average price now £529.30.

The weekly price check by the Consumer Council shows that the cost of home heating oil in Northern Ireland has dropped to its lowest since July 2023. Picture: National WorldThe weekly price check by the Consumer Council shows that the cost of home heating oil in Northern Ireland has dropped to its lowest since July 2023. Picture: National World
The weekly price check by the Consumer Council shows that the cost of home heating oil in Northern Ireland has dropped to its lowest since July 2023. Picture: National World

When compared with prices throughout the past months, the current cost of topping up a tank is currently at its lowest since last July.

While the latest prices show a welcome downturn, householders are still advised shopping around for the best deal as many suppliers will deliver further afield at no extra cost.

The Consumer Council figures also show a difference between Northern Ireland’s local council areas.

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The highest average price for 300 litres this week is £194.07 in Armagh City, Banbridge and Craigavon (£5.37 above NI average) while the lowest average price of £186.15 was found in Mid and East Antrim (£2.55 below NI average),

When it comes to 500 litres, residents of Armagh City, Banbridge and Craigavon are again paying the highest average price of £305.52 (£6.06 above NI average) while in Mid and East Antrim it is the lowest at £296.59 (£2.87 below NI average).

The highest average cost of 900 litres, meanwhile, is currently £537.61 (£8.31 above NI average) in Armagh City, Banbridge and Craigavon while the lowest is £525.72, again in Mid and East Antrim (£3.58 below NI average).

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