Heating oil prices in the Ore Mountains: What you need to know now!

On January 9, 2025, the heating oil price in Saxony is 98.89 euros for 100 liters. In the Erzgebirge district, where the price is slightly higher for 100 liters at 99.13 euros, price variation is shown depending on the amount purchased. With a decrease of 500 liters, the price is 110.91 euros, while 1000 liters are available for 102.96 euros. For larger quantities, the price drops gradually: 1500 liters cost 101.38 euros, 2000 liters 100.36 euros, 2500 liters 99.66 euros and 3000 liters 99.13 euros. When ordering 5000 liters, the price is finally 98.32 euros.

The heating oil price development in the Erzgebirge district is also variable. On January 8, 2025, a price of 99.63 euros for 3000 liters was found. In the days before, prices were between 99.23 euros and 100.27 euros. The current delivery period in the Erzgebirge district is an average of 23 working days. Despite the rising prices, the purchase activity in the district remains high. Compared to the previous year, prices are very low, which may motivate many consumers to buy heating oil.

price trends for heating oil

As reported by Heizoel24.de, the heating oil prices in 2024 show a sideways. During the past year, price volatility was reduced compared to previous years, with fluctuations of around 17 cents per liter. At the beginning of 2024, the maximum stalls of heating oil prices were reached, followed by a downward trend that lasted until September and stagnated at around 90 cents per liter. In the last quarter of 2024, the demand for heating oil was noticeably.

For 2025 there is a forecast that heating oil prices could possibly fall below 90 cents per liter. The current average price in Germany is around 94 cents per liter, with around 60 percent of the heating oil price being influenced by oil price fluctuations. Energy tax and CO₂ prices each make a significant part of the price. It is also expected that January 2025, similar to the past, could be a cheap month for heating oil purchases.