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Your local heating oil price, once a week.
Russia has extended its ban on selling diesel abroad until the end of September, after Ukrainian drones hit Russian oil refineries a record 21 times in August. Russia normally supplies about a tenth of the world's diesel, and kerosene comes from the same part of the refinery, so when diesel is short heating oil gets dearer too.
That news has pushed prices back up after a week of falls. The UK average on our Fueltool price tracker is 90.09p a litre today, so a 1,000-litre fill costs about £901 - roughly £18 more than on Friday. Brent crude, the raw oil refiners buy, climbed back above $90 a barrel on Monday, adding to the pressure on kerosene.
The bigger picture is that heating oil is about 69% dearer than a year ago, when the same fill cost around £534. It remains well below the worst of this year, though - about 47p a litre under the 137.6p peak reached in March, when the Strait of Hormuz, the sea lane that carries about a fifth of the world's oil, was closed.
Two things will decide where prices go next. One is whether Russia keeps its diesel ban in place past 30 September and whether the strikes on its refineries continue. The other is diplomacy: an Iranian official said on Friday that resuming talks with America is not impossible, and any deal that brought more oil back to market would take pressure off every fuel made from it.
Supplier heating oil price per litre (1,000L)
Source: Fueltool supplier prices
31 August 2026
Russia has extended its ban on selling diesel abroad until the end of September, after Ukrainian drones hit Russian oil refineries a record 21 times in August. Russia normally supplies about a tenth of the world's diesel, and kerosene comes from the same part of the refinery, so when diesel is short heating oil gets dearer too.
That news has pushed prices back up after a week of falls. The UK average on our Fueltool price tracker is 90.09p a litre today, so a 1,000-litre fill costs about £901 - roughly £18 more than on Friday. Brent crude, the raw oil refiners buy, climbed back above $90 a barrel on Monday, adding to the pressure on kerosene.
The bigger picture is that heating oil is about 69% dearer than a year ago, when the same fill cost around £534. It remains well below the worst of this year, though - about 47p a litre under the 137.6p peak reached in March, when the Strait of Hormuz, the sea lane that carries about a fifth of the world's oil, was closed.
Two things will decide where prices go next. One is whether Russia keeps its diesel ban in place past 30 September and whether the strikes on its refineries continue. The other is diplomacy: an Iranian official said on Friday that resuming talks with America is not impossible, and any deal that brought more oil back to market would take pressure off every fuel made from it.