Annual Report

2023 Heating Oil Report

A comprehensive analysis of kerosene prices across Ireland for 2023.

Average Price (500L)

€430

Average Price (1000L)

€790

Cheapest County

Cork

€395 avg

Most Expensive

Mayo

€485 avg

Year-Over-Year Change

-15.3%

Compared to the previous year's average.

Price Extremes in 2023

Peak Price (500L)

€510

Recorded in February

Lowest Price (500L)

€385

Recorded in October

Summary

2023 marked the beginning of price normalization after the extreme highs of 2022. Consumers saw welcome relief as global oil markets stabilized.