UK Heating Oil Market. The domestic heating oil market in the UK is extremely volatile, with prices being affected by numerous factors. For example, heating oil prices rose by over 4 pence per litre in just 1 day in September 2019, due to an attack on a Saudi oil facility. Heating Oil (HO) Price Today, Forecast, Charts & News Heating Oil chart by TradingView. Heating Oil Forecasts EIA Could Spike Oil Prices Through Last Week’s High. Prices provided herein may be provided by market makers and not by exchanges.