so what can #consumers do?

very little. if you buy #heatingoil look that you have a contract with fixed prices. or fill everything up when prices are ok. that is really the only thing i can think of. apart from accepting that this volatility is out of your control. obsessing over #trump's tweets or spot #oilprice has been SO EXHAUSTING, don't do it. instead, focus on what you can control: #consumption habits and energy choices.

#energy #oil #energycrisis

Germany's March CPI final reading confirmed at 2.7% year-on-year, matching preliminary estimates, as energy prices surge 7.2% with automotive fuel up 20% and heating oil soaring 44.4% amid Iran war impact, marking highest inflation since January 2024 while core inflation rose 2.3%.
#YonhapInfomax #GermanyCPI #EnergyPrices #CoreInflation #HeatingOil #AutomotiveFuel #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=114902
Germany's March CPI Final Reading Rises 2.7% YoY, Matches Preliminary Estimate

Germany's March CPI final reading confirmed at 2.7% year-on-year, matching preliminary estimates, as energy prices surge 7.2% with automotive fuel up 20% and heating oil soaring 44.4% amid Iran war impact, marking highest inflation since January 2024 while core inflation rose 2.3%.

Yonhap Infomax

Fuel theft fears: Rural Wales on alert as prices rocket and criminals circle

The warning has been issued by FUW Insurance Services Ltd after a dramatic spike in the cost of red diesel and heating oil linked to global instability.

In just a matter of weeks, red diesel prices have surged from around 67p per litre to 109p — a jump of more than 60% — while heating oil has in some cases more than doubled to around £1.30 per litre.

Carmarthenshire communities among hardest hit

The impact is being felt most sharply in rural parts of the Swansea Bay region — particularly across Carmarthenshire, where reliance on heating oil remains high.

Previous Swansea Bay News reporting has revealed just how exposed some communities are. In areas such as Llannon, Cross Hands and Pen-y-groes, around 69% of households rely on oil, while the figure stands at 65% in Abergwili, Llanegwad and Carmel. Even in places like Llanddarog, Llangyndeyrn and Ferryside, more than four in ten homes depend on oil.

That leaves thousands of households vulnerable to sudden price shocks — and increasingly, to criminals.

Fears of a surge in rural crime

Experts say spikes in fuel costs have historically gone hand-in-hand with a rise in theft — and farms are often prime targets.

Fuel tanks, agricultural machinery and storage units can all be vulnerable, with thieves able to strike quickly and cause serious damage in the process. Beyond the immediate financial hit, incidents can also lead to environmental harm if tanks are tampered with or fuel is spilled.

Dafydd Peredur Jones of FUW Insurance Services Ltd said:

“Rising fuel prices are placing additional pressure on rural communities, but they also increase the risk of theft.

We are urging farmers and rural residents to take proactive steps to protect their fuel supplies and remain vigilant.”

Not just farms in the firing line

The warning extends beyond agriculture.

Rural buildings such as churches, chapels, village halls and community centres — many of which rely on heating oil and may be left unattended — are also being urged to tighten security.

Simple steps like monitoring fuel levels, securing tanks and installing CCTV could make all the difference.

Part of a wider fuel crisis

The alert comes as pressure continues to build across the region.

Swansea Bay News has previously reported on growing fears over potential fuel rationing, alongside the real-world impact on businesses — including a Llanelli haulier facing staggering cost increases of up to £64,000 a week.

At the same time, families across rural communities have been hit hard by soaring heating bills, with some seeing costs triple in a matter of months. Rising prices have also been linked to a resurgence in heating oil theft incidents across Wales.

With global instability continuing to drive prices higher, communities across Carmarthenshire and the wider Swansea Bay region are now facing a double threat – sky-high costs and the growing risk of crime.

“Remain vigilant”

With no immediate sign of prices easing, the message from experts is clear: stay alert.

For many across rural south west Wales, fuel isn’t a luxury — it’s essential for heating homes, running farms and keeping businesses moving.

And as prices climb, protecting it has never been more important.

#FarmersUnionOfWales #fuelCosts #FUW #heatingOil #IranConflict #oil #oilCrisis #oilHeating #oilPrices #oilTheft #RedDiesel #ruralCrime

“HEATING CRISIS HITTING US HARD”: Carmarthenshire families ‘forced to pay triple’ as oil reliance laid bare

The figures have sparked calls for urgent action from independent Senedd candidate Carl Peters-Bond, who warned families are being left with “no choice but to absorb soaring prices.”

Villages among worst hit in Wales

Data highlighted by the BBC shows just how exposed parts of the county are:

  • 69% of households in Llannon, Cross Hands and Pen-y-groes rely on oil
  • 65% in Abergwili, Llanegwad and Carmel
  • 41% in Llanddarog, Llangyndeyrn and Ferryside

Across Wales, around 7% of homes depend on oil — but that figure jumps dramatically in rural areas like Carmarthenshire.

Bills double — and supplies dry up

The warning comes as families across Wales report being left without heating or forced to pay sky-high prices.

In one case reported by the BBC, a family saw a £323 oil order cancelled — only to be forced to pay £750 elsewhere.

Meanwhile, a man in Garnant said his annual bill could soar from £1,000 to £3,000, adding: “The heating has gone off… I’m basically having to dress up and keep moving.”

“People have no choice”

Peters-Bond said the crisis is already biting in Carmarthenshire:

“This crisis is hitting Carmarthenshire directly. When two-thirds of households in some communities rely on oil, people have no choice but to absorb soaring prices.”

He said funding announced by the UK Government must be targeted at rural areas first.

£3.8m for Wales — but who gets it?

The UK Government has unveiled a £53 million support package for households hit by rising oil prices — with £3.8 million allocated to Wales.

But Peters-Bond warned the money must not get lost in bureaucracy:

“The UK Government has released funding — now the Welsh Government must make sure every penny of that £3.8m reaches the rural households who need it most.”

“Competition won’t fix this”

While industry bodies have welcomed a review into oil pricing, Peters-Bond said that won’t help families stuck off the gas grid:

“Rural families aren’t choosing oil because it’s cheap — they’re choosing it because they’ve been left without options. Competition only works when people can switch.”

Calls for urgent action

He is now calling for:

  • Emergency financial support for oil-dependent households
  • A major retrofit programme to help homes switch to cheaper, greener heating
  • A long-term plan to reduce reliance on volatile oil markets

Global crisis hitting local homes

The surge in prices has been linked to rising global oil costs amid conflict in the Middle East — with experts warning the situation could worsen heading into winter.

And for many in rural Carmarthenshire, the message is clear: without urgent help, the coming months could be even tougher.

“You can’t copy-and-paste urban policies onto rural Wales,” Peters-Bond added.
“Carmarthenshire needs solutions designed for Carmarthenshire.”

Related stories from Swansea Bay News

Police warn oil‑heated homes to secure supplies
Officers urge vigilance after a rise in thefts from outdoor tanks.

Most home insurance covers loss of domestic oil
New analysis shows 90% of policies include protection for stolen fuel.

Homeowners urged to check oil tanks
Environmental experts warn leaks can cause costly, avoidable pollution.

#CarlPetersBond #Carmarthenshire #costOfLiving #costOfLivingCrisis #CrossHands #energy #energyBills #Garnant #heatingOil #oilPrices #ruralWales #SeneddElection #SouthWestWales #UKGovernment #WalesNews #WelshGovernment

RURAL CRIME WAVE: Warning as ‘oil thieves’ target Welsh homes amid price spike

The alert comes as the UK Government confirmed a £3.8 million emergency funding boost for Wales to help families struggling with the “surging” cost of keeping their homes warm.

With kerosene prices currently double that of crude oil, rural homes have become a prime target for gangs who can drain a family’s entire winter supply in just minutes.

Former Welsh Conservative leader and farmer Andrew RT Davies has called for an urgent deployment of police resources to protect vulnerable communities from the “deeply concerning” threat.

Mr Davies, who represents rural areas in the Vale of Glamorgan, said: “It’s deeply concerning to hear thieves are seeking to profit off the back of heating oil price increases.”

He added: “Police resources must be deployed towards preventing this, and protecting rural communities across Wales. Officers serving rural communities work incredibly hard, but they need support and resources to protect against this threat.”

The Countryside Alliance has also re-issued its oil theft prevention guide, warning that thieves are “on the prowl” as the value of the fuel hits record highs.

The group warns that modern thieves are increasingly sophisticated, often using small pumps and vans to drain thousands of pounds worth of fuel in a single raid.

Unlike gas and electricity customers, those who heat their homes with oil are not covered by the energy price cap. This means rural households are exposed to more immediate and brutal price hikes without the same safety nets as those on the grid.

Many of the most vulnerable households in Wales are forced to pay an upfront lump sum to top up their tanks just to maintain basic heating and hot water.

Chancellor Rachel Reeves confirmed that the new £50 million UK-wide support package will include £3.8 million specifically for Wales, distributed via the devolved government.

Ms Reeves said: “Heating oil prices have spiked sharply, and I know that for families in rural communities that is a real and urgent problem.”

Energy Secretary Ed Miliband has also promised a crackdown on “unfair practices” in the industry, with plans to regulate the sector and introduce a new ombudsman.

The government intends to introduce new consumer protections, including a strengthened Code of Practice to provide greater flexibility on delivery volumes and improved price transparency.

A new “Priority Customers Register” is also being explored, which would ensure that vulnerable households are eligible for prioritised support during times of disruption.

The Competition and Markets Authority (CMA) has also been asked to remain “vigilant” across heating oil prices to tackle any unjustified increases or profiteering.

The funding boost follows other major support for Carmarthenshire, which recently saw a £10m boost for storm recovery after devastating floods.

Householders are being urged to take immediate steps to secure their tanks, including installing heavy-duty locks, motion-sensor lighting, and electronic oil level gauges that trigger an alarm if levels drop suddenly.

The Countryside Alliance also recommends that residents in isolated areas join local “Farm Watch” or “Rural Watch” schemes to share information on suspicious vehicles.

With winter drawing to a close but prices remaining volatile, the message from leaders is clear: stay vigilant and look out for your neighbours.

#AndrewRTDavies #costOfLiving #CountrysideAlliance #energyCrisis #heatingOil #ruralCrime #Wales #WelshNews
Think we'll be leaving the heating off for a while... thanks Donald...
#UK #HeatingOil #Iran

The US's attack on #Iran has sent the price of #HeatingOil through the roof in the UK.

The first graph covers the whole of the UK, and shows the #BoilerJuice price more than doubling from about £0.60/litre to £1.33/litre. The second graph covers just England, and shows the price falling to zero over the last couple of days. Does this mean BoilerJuice can't supply #kerosene in England at all?

GS Caltex Vice Chairman Huh Se-hong and employees delivered 10,000 liters of heating oil to 50 vulnerable households in Seoul's Guryong Village, continuing the company's two-decade commitment to social contribution and energy support initiatives.
#YonhapInfomax #GSCaltex #HeatingOil #SocialContribution #GuryongVillage #EnergyVulnerableHouseholds #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=95952
GS Caltex Vice Chairman Huh Se-hong, Employees Deliver Heating Oil to Vulnerable Households—'Commitment to Social Contribution Will Continue'

GS Caltex Vice Chairman Huh Se-hong and employees delivered 10,000 liters of heating oil to 50 vulnerable households in Seoul's Guryong Village, continuing the company's two-decade commitment to social contribution and energy support initiatives.

Yonhap Infomax

“The #carbontax has added more than 17 cents per litre to #gasoline in most #provinces, so drivers should see an immediate drop at the pump when the new rate takes effect on April 1.

“Households using #naturalgas or #heatingoil can also expect lower monthly bills. A new report by Desjardins Economics predicts the price of natural gas will fall 12.8 per cent between March and April.”
#canada #cdnpoli #cdn
Here's what will be cheaper after carbon tax cut on April 1

Here's what will be cheaper after carbon tax cut on April 1

The carbon tax has been blamed for making everything from food to fuel more expensive. Here's what could get cheaper after April 1.

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