{"id":80032,"date":"2026-07-15T11:49:37","date_gmt":"2026-07-15T11:49:37","guid":{"rendered":"https:\/\/kede.com.br\/news\/heating-oil-watchdog-wants-tougher-regulation-of-market\/"},"modified":"2026-07-15T11:49:39","modified_gmt":"2026-07-15T11:49:39","slug":"heating-oil-watchdog-wants-tougher-regulation-of-market","status":"publish","type":"post","link":"https:\/\/kede.com.br\/news\/heating-oil-watchdog-wants-tougher-regulation-of-market\/","title":{"rendered":"Heating Oil: Watchdog wants tougher regulation of market"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The CMA also praised the daily price checker tool develop by the NI Consumer Council and said the Scottish government should consider a similar service.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The NI Consumer Council welcomed the CMA&#8217;s recommendations describing them as &#8220;a positive step forward&#8221; in showing the &#8220;material differences between Northern Ireland and Great Britain&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;This is the second energy price crisis consumers are experiencing in four years,&#8221; it added. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;While heating oil prices have fallen from the highs seen following Russia&#8217;s invasion of Ukraine in February 2022, they remain above pre-invasion levels, continuing to disproportionately impact vulnerable consumers and households.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The council also said any &#8220;new regulatory regime&#8221; must &#8220;give careful consideration to the composition of heating oil sector here&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Alongside its market study, the CMA has been investigating complaints that some suppliers may have breached their contracts when they cancelled customer orders at the start of the conflict as prices were rising steeply.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">When wholesale prices surged, some suppliers chose to cancel lower-priced pending orders and required customers to re-order at the new, higher rates.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">CMA analysis shows that about 1,700 customers across the UK were affected by possible breaches of contract.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Whilst those people received refunds for their original order, many had to re-order at significantly higher prices or go without fuel.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">As a result, some people may have had to pay between \u00a3150-\u00a3350 more for their heating oil order.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Following CMA engagement some suppliers have agreed to compensate affected consumers but others have not.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Sarah Cardell said the CMA was &#8220;pressing&#8221; the holdout firms to pay compensation and is &#8220;preparing to take enforcement action if they don&#8217;t&#8221;.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c9w2wyw9x09o?at_medium=RSS&#038;at_campaign=rss\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CMA also praised the daily price checker tool develop by the NI Consumer Council and said the Scottish government should consider a similar service. The NI Consumer Council welcomed the CMA&#8217;s recommendations describing them as &#8220;a positive step forward&#8221; in showing the &#8220;material differences between Northern Ireland and Great Britain&#8221;. &#8220;This is the second [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":80033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[48],"tags":[2798,373,552,7157,4734,3219],"_links":{"self":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/80032"}],"collection":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/comments?post=80032"}],"version-history":[{"count":1,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/80032\/revisions"}],"predecessor-version":[{"id":80034,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/80032\/revisions\/80034"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/media\/80033"}],"wp:attachment":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/media?parent=80032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/categories?post=80032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/tags?post=80032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}