Heating oil prices in Remscheid: strong price dumping on the market!

Heating oil prices in Remscheid: strong price dumping on the market!

On February 27, 2025, heating oil in Germany remains a central energy source, especially in the cold winter months. However, the prices for heating oil vary regionally and are also dependent on temporal factors. The price for 100 liters of heating oil in North Rhine-Westphalia is currently 92.99 euros. In Remscheid, a city in this state, the costs are even higher and amount to 93.37 euros, which positions the city over the average prices of the region. This development underlines the different pricing for heating oil within Germany, where 30.4% of the residential buildings, a total of 5.8 million, are supplied with heating oil. In North Rhine-Westphalia it is 27.7%, with 1.1 million buildings using heating oil, such as tecson.de . Last but not least, these developments are a reaction to future market forecasts that expect a weakening oil demand.

In addition, the market stability of geopolitical factors is influenced. US President Donald Trump has announced that it can revoke the licenses granted by predecessors for Venezuelan crude oil. This could endanger the US supply of up to 240,000 barrels every day, while there are assumptions worldwide that more oil from Russia could come onto the market.

tips and purchase behavior

Despite the fluctuating heating oil prices, the willingness to buy remains high in Remscheid. The average delivery period for heating oil is currently 27 working days. The experts advise to plan forward to avoid emergency orders.

• Avoiding emergency orders.
• bulk orders with neighbors or acquaintances are advisable.
• Continuous observation of the market is recommended.
• Long -term savings are possible through the modernization of the heating systems.

The heating oil prices fluctuate strongly over the course of the year. Between 2002 and early 2022, prices fluctuated between 35 cents and a maximum of 95 cents per liter, also due to seasonal demand and geopolitical crises, such as the Ukraine conflict. The order of expensive and favorable market phases indicates that a certain level of market forecasts is possible. These cyclical movements are crucial for consumers who receive heating oil in order to make suitable decisions. Heizoel24.de adds that natural events can also influence the price.