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Family-Run Since 2011
100% Independent Not owned by any supplier

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UK Average 89.03p per litre
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Cheapest months: May–Sep Get alerts
Live average across Fueltool suppliers currently quoting, updated 21 Aug 2026
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Supplier heating oil price per litre (1,000L)

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Source: Fueltool supplier prices

Daily Market Brief

21 August 2026

The United Arab Emirates has cut off all financial and business dealings with Iran, after accusing Tehran of firing ballistic missiles at its territory. President Trump says there are no talks under way to end the conflict, and the American naval blockade is still in place. Oil has now risen four days in a row on the back of it.

Our price tracker puts the UK average at just over 89ppl today. That makes a 1,000-litre fill about £893, roughly £64 more than at the cheapest point this month on 10 August.

The gap with last year is the bigger story. In August 2025 the same 1,000-litre fill cost about £530, so heating oil is now more than two-thirds dearer than it was a year ago. Today's price is still a few pence short of the 93ppl reached at the end of July.

Brent crude, the benchmark that sets what refiners pay for oil, is pushing towards $92 a barrel and kerosene has climbed with it. Two things decide where a fill goes next: whether tankers start moving normally again through the Strait of Hormuz, the sea lane that usually carries about a fifth of the world's oil, and whether Washington and Tehran get back around the table. Neither looks close today.

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