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News

Essar Oil UK – ‘a significantly better year’

...Brent for the year, which stood at $2.66/bbl. Chairman – confident that the business will continue to improve its performance “This was a significantly better year for us,” said chairman,...
OMJ price reveiw

Analysis

What price oil? Q1 2025 in review

...and impacts on, Brent crude and HVO diesel on a quarterly basis. With data supplied by The Oil Market Journal, we will highlight some of the key events that impact...

News

BP to cut 10,000 jobs as virus hits demand for oil

...The majority of people affected will be in office-based jobs. We are protecting the frontline of the company and, as always, prioritising safe and reliable operations.” The Brent crude oil...

News

Thin cover for winter?

...benchmark Ice gasoil surged to nearly $60/t and diesel’s crack spread against Brent surpassed $25/bl. With the sale of all but one of the Petroplus refineries – the 146,000 b/d...

News

Royal Dutch Shell to cut jobs in North Sea

...its Aberdeen office. Leaving around 1,000 people at the site, some of the jobs being lost will be linked to the project of decommissioning of the Brent Charlie platform, which...

Opinion

Consequences of IMO 2020

...also expect increasing bunker prices. In previous years when the price per barrel of WTI/Brent has risen, there have been reports of unscrupulous suppliers or feedstock providers using cheaper blending...
Jet announces nine-site deal with JP&S Servicess

News

JET announces nine-site deal with JP&S Services

...Texaco branded and two BP branded, are all in the south of the UK with five located in the capital – Brent, Hammersmith & Fulham, Waltham Forest, Lambeth and Tower...

News

Oil users – fuel price winners once again!

...the winter months when, buoyed-up by OPEC’s production cut, the price of Brent crude hovered at around $55 a barrel, prices started to fall steeply in March, rallied briefly in...
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