Some companies that were charging around €500 for 500 litres of heating oil as recently as last Friday are seeking more than €800. Photograph: Yui Mok/PA WireThe price of home heating oil has continued to climb nationwide with the average price for 500 litres put at €761 on Wednesday, an increase of more than 50 per cent in less than a week. She cited the case of a 94-year-old woman who was quoted €464 for a half-fill of heating oil last week, which had risen to €879 by midday on Wednesday. Labour leader Ivana Bacik said the Government could use existing powers under the Consumer Protection Act to “cap the price of home heating oil”. “The statement said there was “no legal obligation on companies to set their prices at a level that consumers will consider fair.

Source: The Irish Times March 04, 2026 21:39 UTC