curtis
Member
Charente Maritime
Posts: 474
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Fioul
May 2, 2022 10:33:28 GMT 1
Post by curtis on May 2, 2022 10:33:28 GMT 1
It is now the time when the central heating has finished (hopefully) till the autumn. And now the thought about refilling the tank. In the past I have waited until the summer but it's difficult to judge this year. To wait or not to wait ? That is indeed the question....... Just wondered what others have done or are going to do. Who knows what the current situation will develop into. I'd be looking at 1000 litres+/-.
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Fioul
May 2, 2022 10:39:57 GMT 1
Post by hal on May 2, 2022 10:39:57 GMT 1
This very subject was discussed on Sky news this morning.
EU energy ministers are meeting as we write to discuss Europe banning oil supply from Russia, which if agreed will be phased out by end of the year.
The big question is, if this happens, where will the oil come from?
Wherever, it is unlikely to be any cheaper, so maybe your answer is in this...
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exile
Member
Massif Central
Posts: 2,683
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Post by exile on May 2, 2022 12:39:07 GMT 1
Actually Russian oil is quite cheap at the moment because it is being heavily discounted to persuade buyers but most won't touch it (publicly) due to the negative reaction that would cause.
On that basis I think in the short term (3-6 months) prices are unlikely to drop and could well increase with one proviso.
That being that the Chinese economy continues at its current rate. There is a real possibility that if Covid takes off, the Chinese economy could stall or even collapse. Oil prices then are anybody's game.
It really is down to how your gut feeling is. If it's any help, I have refilled already and my wallet is still smarting.
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Fioul
May 2, 2022 12:52:49 GMT 1
Post by Rob24 on May 2, 2022 12:52:49 GMT 1
It is now the time when the central heating has finished (hopefully) till the autumn. And now the thought about refilling the tank. In the past I have waited until the summer but it's difficult to judge this year. To wait or not to wait ? That is indeed the question....... Just wondered what others have done or are going to do. Who knows what the current situation will develop into. I'd be looking at 1000 litres+/-.
We’ve recently topped up the tank with 1,000 litres. Ouch. €1450
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ibis
Banned Member
Posts: 1,376
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Fioul
May 2, 2022 14:18:26 GMT 1
Post by ibis on May 2, 2022 14:18:26 GMT 1
The big question is, if this happens, where will the oil come from? You don't want to hear this, but the US of A.
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