Heating costs are putting increasing pressure on households as the heating season begins, ORF reported. Heating oil and pellet prices have risen because of the near-closure of the Strait of Hormuz, bombing of a pipeline in Saudi Arabia and the war in Ukraine, with no improvement in sight. Heating…

Pellet prices in Carinthia have risen 12 percent since February, leaving customers uncertain about when to stock up for winter, ORF reported. A tonne currently costs an average of 399 euros, while the price is about 100 euros higher than it was a year ago. Autumn is traditionally the time when ho…

U.S. households heating with oil could pay around $2,300 this winter — a direct consequence of crude prices spiking toward $100 a barrel amid the Iran conflict. With 1 in 6 American households already behind on utility bills, the timing couldn't be worse.

Heating pellet prices have risen by one-third in the past year, according to ORF. The increase is steeper than the rise in heating oil prices, which became more expensive during the Iran war. A tonne of pellets now costs more than 400 euros. The pellet industry says the price increase is partly d…

Discover how to stay warm in the winter in Canada with cheap heating tips, energy saving tricks and budget solutions to lower heating bills

As years of war in Ukraine have left millions without unreliable heating and limited means to pay rising utility costs, the UN and humanitarian partners launched this Thursday a $277 million appeal to support the most vulnerable people during the coming winter.