Should I buy heating oil now or wait? A buyer’s guide for 2025

Date Published: 30/06/2025

Thinking about buying heating oil now – or holding off in case prices drop? Knowing when to buy your domestic heating oil can be tricky. But we’re here to make it a little easier. Keep reading to understand what affects the price of heating oil and when the best time to buy is.

Key Takeaways

• Is now a good time to buy heating oil?
• What’s the cheapest month to buy heating oil in the UK?
• What are the factors affecting the price of oil?
• How to get the cheapest heating oil prices
• Lock in cheap heating oil prices with Your NRG now

Is now a good time to buy heating oil?

Summer is generally a good time to buy heating oil. Stocking up in the summer months often saves you money in the long run. Many households buy heating oil during this time, locking in prices before colder months push up demand for heating oil. If you’re thinking of buying in late spring, it's likely to be a good idea, as waiting just a couple of months until a cold spell hits could mean paying more.

What’s the cheapest month to buy heating oil in the UK?

The cheapest time to buy heating oil in the UK is typically during the summer months, especially between June and September. This is when seasonal demand drops, delivery slots are more readily available and heating oil suppliers can offer cheaper deals.

On the other hand, winter months and cold snaps result in:

• A spike in oil use
• Tighter delivery schedules
• More strain on supply
• Prices jumping overnight

Stay topped up and stress-free. Get competitive domestic heating oil prices and year-round delivery from Your NRG today.

What are the factors affecting the price of oil?

The price of oil – including heating oil – is shaped by global, seasonal, and local factors that affect supply and demand. Together, these determine how much you’ll pay per litre on any given day. Here’s what to keep in mind:

Global oil markets

Changes in oil production and market speculation can cause prices to rise and fall very quickly.

Political events and natural disasters

If there is unrest or extreme weather in oil-producing areas of the world, supply can tighten, potentially increasing prices everywhere else.

Cold weather

Colder months drive up demand for domestic heating oil. A sudden cold snap can send prices soaring overnight.

Supply shortages

Disruptions in refining, transport, or delivery can create knock-on effects that increase heating oil prices as supply temporarily decreases.

How to get the cheapest heating oil prices

If you’re looking for the cheapest heating oil prices in the UK, buy in bulk whenever possible. Whether placing a large order for your own property or teaming up with neighbours or a community group, bulk fuel purchases can really reduce your price per litre.

Bulk buying is especially handy for homes with large oil tanks, farms, or properties that use a shared central heating oil system. It also reduces the risk of needing emergency top-ups during the cold winter months, when prices spike from seasonal demand and delivery backlogs.

In other words, not only does buying in bulk offer the cheapest heating oil prices, but you also get peace of mind knowing your supply is sorted for longer.

Lock in cheap heating oil prices with Your NRG now

Don’t leave heating oil prices to chance. If you want to avoid rising costs and delivery delays, now’s the time to act. We offer fast, reliable domestic heating oil delivery across the UK, helping you stay warm, save money, and stay in control of your energy costs. Whether you're filling up early to beat the cold or planning ahead with a bulk order, we make it simple.

Want your own personalised heating oil quote? Fill out our enquiry form or contact the team now at 01642 686000.