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News

Q3 2012 – oil production and refinery demand

...of Energy and Climate Change has published the figures in Energy Trends and Quarterly Energy Prices, publications which give statistics on energy production and consumption. The overall demand for primary...

News

Industry charity struggles to support record demand

...in demand for services against a £1m income shortfall, following the cancellation of fundraising events including Ben Ball. Without additional funding, Ben may be forced to make difficult decisions about...

News

February 2016 update

...In the past, Portland has taken a fairly sanguine view of this supposed reduction in global oil demand – preferring to call it a slow-down in demand growth rather than...

News

Thin cover for winter?

...in particular may improve diesel demand, the picture across Europe is still not encouraging for sellers. The first half of 2013 Over the first half of the year diesel demand...

Opinion

The route to off-grid heating beyond kerosene 

...tariffs from the US would, therefore, alleviate two of the biggest reservations about extending HVO usage to heating. A transitioning demand Demand for biofuels could also change rapidly. We’re experiencing...

Opinion

Fuel crisis proves that supply trust is vital

...cost-efficient supply chains which are designed to deal with a stable pattern of demand and supply. When either of these is disrupted, as with current demand for fuel, product shortages...

News

Oil price rises over $70 a barrel

...this year after slumping below $20 a barrel last April as the impact of Covid-19 and lockdown restrictions resulted in significant reductions in fuel demand, the international oil benchmark is...

Insight

Gas grid and storage facilities in the UK

...storage sites that act as buffers around the system and which fall in to three broad categories:- Long range – primarily to accommodate seasonal demand swings Medium range – which...
Ian Moore, of The Oil Market Journal, reviews the oil price in 2022.

Insight

What price oil? 2022 in review

...growing concerns that the world and especially Europe was heading into a recession. There were also signs of demand destruction. At the end of the quarter US distillate demand was...