2023-12-19 23:00:00
The cost of domestic fuel is increasingly higher: it was worth around 1200 euros per 1000 liters at the beginning of December 2023. Buy cheaper fuel oil is therefore a major issue for many households. How save on your fuel purchases and limit the impact of your heating bills on your annual budget? Here are a few tips.
The importance of anticipation to buy cheaper fuel oil
The price of fuel oiland energy in general, represents an increasingly important part of a household’s energy expenditure, because theevolution of fuel oil prices follows that of oil. It is nevertheless possible to anticipate the price of fuel oil to limit its impact on your budget.
By regularly monitoring changes in the price of fuel oil and by studying seasonal trends, you can identify the best times to fill your tank. Buy in bulk at the right time often allows you to save several tens or even hundreds of euros on your order… spread out over the year, this can represent enormous savings!
Common mistakes to avoid when buying fuel oil
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Wait until the last minute or the winter period to fill your tank;
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Do not compare offers from different suppliers;
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Neglecting the quality of the fuel oil purchased.
Understanding the evolution of fuel oil prices to buy smartly
Factors that influence the price of fuel oil
Several factors impact the variations in the price of fuel oil :
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The evolution of oil prices on international markets;
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OPEC decisions regarding oil production;
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The global economic and geopolitical situation (e.g. crisis, COVID-19, tensions between producing countries);
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Weather conditions and demand for fuel oil depending on the seasons.
How to follow the evolution of fuel oil prices
To anticipate fluctuations in the price of fuel oil, it is advisable to regularly consult specialized sites such as ClicandFioul or Fioulmarket. These platforms offer alert tools informing you of price drops or increases, as well as graphs allowing you to analyze trends over several months or even years.
Compare to save: the importance of choosing the right fuel supplier
Compare offers from different suppliers is essential to buy cheaper fuel oil. To do this, use online comparators which will help you identify the best rate available in your region. Do not hesitate to request several quotes from local distributors to refine your search. Overall, the criteria are as follows:
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Quality of the fuel oil offered;
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Delivery times and terms;
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Quality of customer service.
Group purchases of fuel oil: an economical solution
Group purchasing of fuel oil saves money taking advantage of a decreasing price linked to the quantity ordered. To organize a group purchase, you can contact neighbors, friends or family members who also consume fuel oil. You can also join existing purchasing groups in your region or on the internet.
When to buy your fuel oil?
For exemple, the price of a liter of fuel oil has exceeded 1.80 euros in October 2023, to experience a trough period in spring 2023 (1.10 euros per liter). At the beginning of October 2023, it rose to almost 1.40 euros per liter. What can we learn from this curve? The price of fuel oil generally varies depending on the season., but also depending on the international geopolitical context. Thus, during the winter, demand being stronger, prices tend to increase. Conversely, in spring and autumn, demand is lower, which can lead to a drop in prices. It is therefore wise to anticipate your needs in order to avoid periods when fuel oil is expensive, that is to say the winter months, when demand is high and prices accordingly.
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