Why Do Oil Prices Change?

Oil is a commodity. Being a natural resource with limited supply, the price of oil depends on the market and how much of it is available at a given time. But that also means that nearly any disruption in the market—from supply-chain issues to geopolitics—can cause the price of oil to change.

The market isn’t as simple as one merchant increasing their prices either. It’s a complex network with a variety of factors that can drive prices up or down. At the height of the pandemic, the majority of the increased costs were due to trade and supply chain restrictions and labor shortages; however, those aren’t the only factors. For example, the United States’ current levels of inflation also factor into recent oil costs.

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Are all heating oil companies the same? The simple answer is no. It may seem that the services offered by oil companies are the same, but you’d be surprised what teaming up with a local home heating oil company can do for you. Local means reliability, affordability, the best service, and more. When you choose a local heating oil company, you’ll never run out of oil again.

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Local Home Heating Oil Delivery

Not all heating oil companies are the same. In fact, it may seem like services tend to be the same across the board; however, the benefits of choosing a local company to be your trusted source is endless. When you choose local, you’re choosing reliability, trust, affordability, and quality. Choosing local ensures that you will never be left without oil, even if it’s an emergency. Due to the volatility of the market, oil prices can fluctuate; however, Advanced Heating & Oil proudly offers the best heating oil prices around.

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Knowing how to properly budget your money during the winter is an important life skill to keep you warm all season long. While winter is still raging outside, the last thing you need to worry about is the cost of your home heating oil!

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The best time to schedule furnace maintenance for preventative measures is before the winter, ideally in early Fall.The reason for this is, come wintertime, our home furnaces and heating systems work overtime to guarantee warmth through the season. Rather than desperately searching the internet for “how to clean a furnace,” “how to clean a gas furnace,” or “how long does it take to clean a furnace,” trust in a furnace maintenance expert today.

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Advanced Heating Oil in Groton, CT

15 Thames St, Groton, CT 06340 | 860.859.9080

HOD #802

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Today’s Price: 4.45
Due to the volatility of the market, please check our website often as prices could be changing hourly.
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