Heating oil customers to get up to £350 compensation for cancelled orders

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The UK Competition and Markets Authority (CMA) is compensating around 1,700 heating oil customers up to £350 after orders were canceled during a price surge caused by the Middle East crisis. The watchdog investigated heating oil suppliers for scrapping existing orders and offering deliveries at higher prices amid the conflict.

Watchdog says about 1,700 people were affected during a price surge triggered by the Middle East crisis Heating oil customers whose deliveries were cancelled when the war in the Middle East caused a price surge are to receive compensation of up to £350 each following an investigation by the UK competition watchdog. As the crisis unfolded, the Competition and Markets Authority (CMA) said it was investigating heating oil suppliers after complaints that existing orders were being scrapped, with customers offered new deliveries at a significantly higher price. Continue reading...