Analysis
A deep dive into fuel distribution industry data
...solar and heat pumps. The census shows that the number of oil-heated homes has dropped 3% since the last census. It is likely that many oil-heated homes are in the...
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News
UK and allies announce price cap of $60 on Russian Oil
...secure affordable oil. A General Licence will be published shortly that will provide an Oil Price Cap exception for third countries, so that firms supplying oil to them are able...
Insight
What price oil? 2022 in review
Ian Moore, founder and managing director of The Oil Market Journal, takes us through the year, highlighting the main impacts affecting the oil price in 2022. Contained within this article...
News
£800,000 investment expands HVO fuel trials
...oil heating to the renewable fuel Hydrotreated Vegetable Oil (HVO) this winter, amounting to an initial investment of over £800,000. The news follows the publication of the government’s Heat and...
News
Energy select committee visits the village at the heart of the industry fuel campaign
The latest development in the UKIFDA and OFTEC led Future Ready Fuel campaign saw the Energy Security and Net Zero Committee pay a visit to Kehelland, in Cornwall, the HVO-fuelled...
Insight
Mistletoe and Wine!
I unashamedly leave a copy of Fuel Oil News on the kitchen table in the hope that someone in the family is interested enough to read about what I do....
News
Crown Oil completes acquisition of Star Oil
...Oil for the time being. The deal is Crown Oil’s first purchase since 2018, when it added Birlem Oil, in London, and West Midlands-based Beesley Fuels to its portfolio. The...
Opinion
Crude falls below $100/bbl as OPEC+ increases output but for how long?
...crude oil stocks of 4.5 million barrels, had an immediate impact on the oil price with crude oil trading lower the morning after the OPEC+ agreement was announced. Falling below...
News
Octopus Energy accelerates clean air travel with investment in sustainable fuels
...forward to supporting Nordic Generation Fuels in the work towards this common objective.” Miko Pironetti, CEO, Nordic Generation Fuels, said:“We at Nordic Generation Fuels are delighted that Octopus saw the...
Analysis
What price oil? Q1 2025 in review
...7th March. All other biofuel premiums to ICE Gasoil rose sharply as Gasoil weakened. UCOME prices briefly came under pressure from low HBE ticket prices which reduced physical blending. On...
News
Northern Ireland – an overdependence on oil?
...invited to join in the Fuel Oil News Distributor Debate on Thursday 7th March. Highlighting an overdependence on oil, the report says that whilst oil is technically a good heating...
News
Excitement builds for UKIFDA EXPO 2021
...company makes Fuel Conditioner that is used in all carbon-based fuels to reduce harmful emissions from diesel engines and oil burners, by reducing CO2 by 30% and boosting fuel efficiency...
Analysis
What is the direction of travel for the UK energy sector?
...Fuel Oil News, considers what the change of government might mean for the energy sector. Net zero, climate, energy and energy transition policies are all buzzwords frequently thrown around by...
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...
News
Vulnerable rural households hit by discrepancies
...not extend to First Time Central Heating. This means that under the scheme, fuel poor households who currently rely on oil heating can have a broken oil appliance repaired or...
Review
The system with the intelligence to prevent conditioning downtime
...Technical Director Rob Terry, the CTS engineered Advanced Fuel Conditioner has been added to the range, as the ideal solution for keeping your customers’ stored fuel clean and usable in...
Opinion
Autumn Statement is ideal time to correct HVO duty disparity says UKIFDA and OFTEC
...fuels and kerosene when used for home heating are counterintuitive and a significant barrier to wider take up. In comparison, renewable liquid fuels and fossil fuels attract the same duty...
News
UK refining – hunting for answers
The UK had 18 refineries, it now has 8. Fuel Oil News recently put a series of questions about the state of the country’s refining industry to Chris Hunt, director...