Heating oil prices in the Hof district: Current costs and developments!

Heating oil prices in the Hof district: Current costs and developments!

Heating oil prices in Germany are currently causing a lot of conversation and are having a direct impact on consumers' wallets. On July 3, 2025, prices in Bavaria will average 93.62 euros for 100 liters, while in the Hof district there will be an even cheaper price of 91.96 euros for 100 liters of heating oil, provided you order 3,000 liters. The price variations in the Hof district also show a clear trend: if you buy 500 liters you have to pay 108.21 euros, while 5000 liters are available for 90.33 euros. If you want to do a good deal these days, it's probably best to go for 3000 liters. It's worth not hesitating here, because prices vary greatly depending on quantity and time - heating oil prices have been quite dynamic over the last month, for example [news.de].

But how do the experts assess the situation? According to tecson.de, there was recently a significant price increase in crude oil and gas oil futures, which rose by 2.6% and 2.3% respectively. The mood on the market also remains tense as political risks, for example in connection with Iran, are priced in. In addition to exchange rates, anticipation for an upcoming OPEC+ video conference on July 6, where a possible release of 411,000 barrels per day is expected, is also noteworthy.

Price trends at a glance

How does the price of heating oil develop over time? Here again are the price statistics for heating oil in the Hof district:

• 02.07.2025: 91,56 Euro
• 01.07.2025: 89,91 Euro
• 30.06.2025: 89,91 Euro
• 29.06.2025: 90,99 Euro
• 28.06.2025: 90,99 Euro
• 27.06.2025: 91,03 Euro
• 26.06.2025: 90,83 Euro

As you can see, there are both upward and downward movements. However, the price level is clearly lower compared to the previous year, so many homeowners have actively purchased heating oil in the last few weeks.

Market forecasts and future requirements

The Building Energy Act (GEG), which comes into force in 2024, will also influence the heating oil landscape. Homeowners whose oil heating systems are more than 30 years old may have to expect a replacement. However, there are also exceptions and funding that support such an exchange. Heating oil consumption in Germany is still significant; 30.4% of residential buildings use heating oil, and in Bavaria this proportion is as high as 40.2%.

If we look at the current forecasts, it should be borne in mind that the heating oil reference price on Thursday, July 3rd was 96.2 ct/l, which is 8.4% lower than a year ago. While order activity remains low at the beginning of the month, many are speculating that prices will fall in the fall. Based on the price movements on the market, it is an exciting time for heating oil buyers who want to have a good hand.

In order to continue to follow developments surrounding heating oil prices, fastenergy.de offers important information and trends, including to find the optimal time to purchase. The price level remains volatile - so be vigilant when it comes to your heating oil purchases!