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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...
OPEC+ agrees to continue with current output targets, despite market uncertainty

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...

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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...

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...

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...

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...

Further Reading

News

Crude oil trend boosts heating oil prices

...heating oil still represents the cheapest form of energy available particularly after the historic price lows earlier this year,” reports Boilerjuice CEO Ian Ronald. “Over the same period, the price...

News

Which? reports on heating oil prices

...oil price Figures from Fuel Oil News Price Totem (based on ordering 1,000 litres of kerosene heating oil) showed a drop from an average of 56p per litre in December...

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...
A look at events impacting fuel prices in November and predictions for December

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...
Ian Moore, of The Oil Market Journal, reviews the oil price in 2022.

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...

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...