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News

February 2016 update

...of the crude oil sold around the world. The vast majority of crude oil is sold at a discount to these two grades. So when we talk about $20 a...

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...
Graph of Q2 2025 oil prices

Analysis

What price oil? Q2 2025 in review

...imports. May The UK-US trade deal announced on 8th May, opened UK markets to US ethanol exports. Under the deal, the UK would expand market access to US ethanol, creating...

Insight

Marine bunkering – fuel for a vital activity

...oil/ light fuel oil, with maximum density which can range between 0.890 and 0.920 kg/m3 at 15 degrees C Marine gas oil – meets the inland heating oil specification i.e....

Opinion

New UK oil essential for low carbon future

...oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK). Katy shares her thoughts with us: “Shell’s decision to suspend its involvement in Cambo, the...

News

Heating oil’s future – making a difference

...million homes across the UK that use oil for heating. The FPS is urging the 1.2m homeowners in the UK who use heating oil, to take part in the government’s...
OPEC+ agrees to continue with current output targets, despite market uncertainty

Insight

What price oil? 2023 In review

In association with The Oil Market Journal Pictured below and included in the January issue of Fuel Oil News is a graph that shows the price of ultra-low sulfur diesel...
New $150m receivables portfolio for Essar

News

New $150m receivables portfolio for Essar 

Essar Oil UK (EOUK) has successfully completed the financing of a $150 million receivables portfolio with Hamburg Commercial Bank AG (HCOB) and Mizrahi Tefahot Bank Ltd (UMTB). This new facility...

Opinion

UKPIA welcomes investments in hydrogen 

...for manufacturing processes. As part of this announcement, it has been confirmed Essar Oil (UK) Limited will receive a grant of over £7 million towards the upgrade of a distillation...

News

Cyberattack effect on oil prices

...vulnerabilities within US infrastructure. Why do oil prices vary? Oil prices vary from day to day, but when an unexpected event occurs that causes disruption in the supply chain, drastic...