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News

With a little help from our friends and family

...Fuel Oils told Fuel Oil News editor, Jane Hughes. One of the newest entrants into fuel oil distribution, Standard Fuel Oils is based in Merseyside. Twenty-eight year old Nick has...
Understanding compulsory oil stocking obligations for the UK

Insight

Compulsory oil stocking obligations: a UK update

...international requirements to maintain the requisite minimum levels of oil stocks to mitigate any supply crisis. These were: EU obligations Under EU Oil Stocking Directive 2009/119/EC, members are required to...

News

Could heating oil prices be frozen?

...rising demand for refined oil products. Indeed, the same report pointed out that the UK depends on imports for 44% of its heating oil requirements. A fact that vividly illustrates...

Opinion

Highs and lows of the oil price drop

...fuelled by heating oil. As the first wave of the Coronavirus spread across the globe, forcing the majority of the world into lockdown, the demand for fuel fell off a...

Insight

The outlook for energy: A view to 2040

...presence in the global energy market, its key findings are worth capturing. Oil will remain the number one global fuel What are the key findings of this ‘window to the future?’ Oil...

News

Portland Market Report – oil prices

...Coronavirus has hit oil (and stock) markets like a whirlwind and all at a rather inconvenient time for the global oil industry. We discussed the impact on demand last month,...

Insight

The changing world of the oil trader

...mt, which exceeds the combined inland oil demand of Germany, France and Italy. Looked at from another perspective, it represents almost four times the UK’s 2012 inland oil consumption! Tougher...