The Guardian
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07304 285 482Supplier heating oil price per litre (1,000L)
Source: Fueltool supplier prices
3 June 2026
Brent crude is trading at around $97 a barrel, climbing for a third straight session as a geopolitical risk premium returns to the market. Uncertainty over US-Iran peace talks and the future of shipping through the Strait of Hormuz is keeping traders cautious. US crude inventories have now fallen for a sixth consecutive week, adding further support to prices.
UK kerosene is averaging around 89ppl including VAT, well below April's peak of 132ppl. A firmer pound and easing wholesale costs through the spring have helped bring prices to a comfortable level for buyers topping up ahead of next winter. With Brent off roughly 15% over the past month, the wholesale picture remains favourable for now.
Prices are sitting at one of the better levels we have seen this year, so it is a great time to compare suppliers on Fueltool and order now to lock in a competitive deal in your area.