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News

UK refining – hunting for answers

...drive for energy efficiency is demand destruction.  With more efficient engines, demand for refinery products such as petrol continues to decrease but, until the recent recession this has been offset...

News

Cyberattack effect on oil prices

...transportation can affect oil prices due to the impact on the balance of supply and demand; if supply is limited and cannot meet demand as a result, prices generally rise....
The number one concern in the fuel distribution sector is confidence in supply security. With recent global events highlighting the impact of supply shortages we take a fresh look at this perennial industry topic.

Insight

Security of oil supply in the fuel distribution sector

...the UK and how it is fixed in terms of vulnerabilities to supply continuity and security and measures to try to safeguard and protect these. Supply/demand balances & compulsory holdings...

Opinion

Fears for future of Stanlow oil refinery

...including plans to decarbonise its activities and produce sustainable fuel there. It has been reported that the plunging demand for fuel during the pandemic has forced Essar Oil UK to...
With hydrogen featuring in oil company strategies and expected to play a prominent role in government plans for industry decarbonisation, we take a look at ongoing developments.

Insight

Hydrogen Strategy: Ongoing developments

...industries such as transport, cement manufacture and steelmaking. Interestingly, existing hydrogen demand scenarios show estimates for future use of the fuel vary between 6% and 25% of final worldwide energy...
Jennie Green of Right Fuel Card recaps on events impacting fuel prices in October and makes predictions for November

Insight

Fuel prices – impacts and forecasts

...in demand during 2023.  When demand unexpectedly dropped due to covid, OPEC+ was left with an oversupply leading to a substantial drop in price.  OPEC+ are keen to maintain the...

News

The Phillips 66 Interview

...chain to accommodate fluctuating demand is key and we believe that we control our forecast and demand as well as anyone along with having flexibility from our refinery production to...