Opinion
Free oil? Not today …
...on the pump price or the delivered price of fuel, even though those prices are much lower today because of the general collapse in oil prices. In summary: The “negative...
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Interview
Value Oils: leader in online fuel distribution
...marketing mix of home heating oil. However, over the past year with the high price of fuel and the ongoing cost-of-living crisis, the price paid for the fuel has become...
Analysis
Decarbonising transport: are additives the answer?
...“To what problem are fuel additives in the transport sector a short-term solution? Aviation fuel contains specific and regulated fuel additives. Tetraethyl lead is/was a fuel additive used extensively to...
Opinion
What price oil? Fuel industry experts share predictions for 2023
...provider, Right Fuel Card, have shared insights and predictions into what we can expect when it comes to fuel prices this year. Oil prices 2022 saw prices pushed to record...
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News
Thoughts on fuel prices – November in review
...in lower prices. It’s beginning to look a lot like…. Chaos in the oil markets 5th December could be a history defining day with regards to oil prices. On that...
News
Risk reduction for domestic customers
...continue buying their kerosene through Oil Price Protect,” said Chris. “Prior to Oil Price Protect, like most other distributors, we did offer different ways to pay including direct debit. Customers...
Insight
What price oil? 2023 In review
In association with The Oil Market Journal Pictured below and included in the January issue of Fuel Oil News is a graph that shows the price of ultra-low sulfur diesel...
Insight
Industry data: the latest update from the UKIFDA databank
...Temperature review Update on the diesel, gasoil and heating oil consumption to the end of March 2023. Update on prices of heating oil to the end of April 2023 Recent...
News
Will summer fuel prices skyrocket in the UK?
...diesel and fuel prices further Using data from GlobalPetrolPrices.com, Speedy Fuels was able to compare the price of diesel globally and discovered a stark contrast in the price of the...
News
September 14 update
...with another financial crisis and oil prices could plummet to below $50 per barrel. It has happened in the very recent past – in 1999 oil prices were $15 per...
Further Reading
Interview
Green Fuels: fighting climate change with sewage sludge
Green Fuels was founded in 2003 with a desire to support the transition of fossil fuels into net zero carbon fuels. It is now an award-winning manufacturer of biofuel equipment,...
News
Cyberattack effect on oil prices
...vulnerabilities within US infrastructure. Why do oil prices vary? Oil prices vary from day to day, but when an unexpected event occurs that causes disruption in the supply chain, drastic...
Insight
What price oil? 2022 in review
...a key producer of several important commodities including oil, gas, and wheat, prices of these soared as supply chains were disrupted. The oil price was somewhat tempered by renewed Covid-19...
News
Portland Market Report – oil prices
...attractively low oil prices. The two biggest strategic buyers of oil in the world are the oil reserve companies of the USA and China respectively, both of whom are currently...
Insight
Rapidly changing oil market creates pricing and supply issues
...Agency has stated, “send a unified and strong message to global oil markets that there will be no shortfall in supplies.” On 18 March, oil prices hit almost $130 (£99)...
Opinion
Highs and lows of the oil price drop
...main gas supply, and therefore relying on heating oil, the sudden price drop meant that many households were purchasing extra oil to store, before the prices inevitably began to climb...
News
OPEC+ continues oil production cut in uncertain market
...ban on Russian crude and the G7 price cap. The adjustment to the EU ban and price cap is likely to support prices temporarily.” Product import ban will support prices...
News
Oil users – fuel price winners once again!
...commentators agree that OPEC’s attempt to push the price of crude oil up has probably failed. While it’s never possible to predict the price oil with certainty, unless there is...