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The cost of kerosene (28 second heating oil) has increased enormously in the last few years. Why is this?

April 26, 2017COST enormously heating increased Kerosene Oil

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The cost of kerosene (28 second heating oil) has increased enormously in the last few years. Why is this?

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The cost of kerosene has increased at a faster rate than the cost of petrol and mineral diesel because it does not carry the same rate of tax. Any increase in the basic price of crude oil is therefore reflected directly in the retail price. It is very likely that the cost of kerosene will continue to increase dramatically.