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

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Thoughts on fuel prices – November in review

...day the next round of EU sanctions will go live which will ban the import of Russian crude oil into Europe and prevent insurance companies being involved in sales unless...

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Oil price rises over $70 a barrel

This month once again saw the price of Brent crude hit $70 a barrel – it’s highest level in two months. Having first recovered to pre-pandemic levels in February of...

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Greenergy signs strategic JV agreement with Bapco

...of Bahrain’s energy-related activities; primarily refining, distribution of petroleum products and natural gas, sales and export of crude oil and refined products. The company owns a 260,000 barrel-a-day refinery, storage...

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Irving Oil to acquire Whitegate

Built in 1959 Whitegate is Ireland’s sole refinery, it processes up to 75,000 barrels of crude oil per day, producing transportation and heating fuels.  It has a workforce of 160...

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Essar delivers direct to Emirates

...project for major improvements to key units at the Stanlow refinery which will deliver a further reduction in crude oil costs and improved yields across the finished product range. www.essaroil.co.uk...