Heating oil: average prices in Ireland 2000-2019

July 2019 saw heating oil prices in the Republic of Ireland reach their highest levels since 2014, following four consecutive years of growth. As of July 24, 2019, those purchasing heating oil in the Republic of Ireland could expect to pay 714.3 euros per thousand liters of oil.

Heating oil prices across Europe

While Irish residents may be feeling the pinch of rising heating oil prices, prices there are far from the highest in Europe. Residents of the Netherlands could expect to pay 1,100 euros per thousand liters as 2019, while those in Denmark were paying 1,366 euros per thousand liters.

Prices in Great Britain were slightly cheaper at this time, coming in at 671.6 euros per thousand liters.

Low carbon heating: moving beyond oil


Burning fossil fuels is a carbon intensive mean of heating buildings, and some governments as well as lobby groups are looking for low carbon solutions for keeping warm during winter. The German Government, for example, has moved to ban the installation of new oil heaters as soon as 2026. The United Kingdom’s Renewable Heat Incentive (RHI) scheme has so far seen 1,947 oil burning units replaced with solar thermal systems and 9,694 oil burning units replaced with air source heat pumps.

Average prices of heating oil in Ireland from 2000 to 2019

Price in euros per thousand liters
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Source

Release date

October 2019

Region

Ireland

Survey time period

2000 to 2019

Supplementary notes

* Figures for 2019 as of July 24, 2019.

The source notes that the figures display an annual average including tax.

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