News
Portland Market Report – oil prices
...attractively low oil prices. The two biggest strategic buyers of oil in the world are the oil reserve companies of the USA and China respectively, both of whom are currently...
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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...
Market Report
Prices and predictions: how are we faring?
...and whether the oil price predictions we made in January are on course to be correct. Let’s start with crude and the Brent price, which started the year at $76...
Interview
In Conversation with The Oil Lady
The Oil Lady is a fuel distribution business based in little Yeldham, Essex. It was founded in 2015, by Sheila Considine. Claudia Weeks, Content Lead for Fuel Oil News, spoke...
Opinion
The billion barrel blow and why it may mean more pivoting in the fuel sector
...one but two fuel crises and at differing ends of the spectrum. Oil price lows and highs Firstly, fuel had a negative value. For the first time in living memory,...
News
OPEC+ continues oil production cut in uncertain market
...ban on Russian crude and the G7 price cap. The adjustment to the EU ban and price cap is likely to support prices temporarily.” Product import ban will support prices...
Opinion
Highs and lows of the oil price drop
...main gas supply, and therefore relying on heating oil, the sudden price drop meant that many households were purchasing extra oil to store, before the prices inevitably began to climb...
Insight
Rapidly changing oil market creates pricing and supply issues
...Agency has stated, “send a unified and strong message to global oil markets that there will be no shortfall in supplies.” On 18 March, oil prices hit almost $130 (£99)...
Analysis
25% increase in annual fuel prices drives fleet costs up by millions
...data from independent fuel card distributor, Right Fuel Card, revealed the differences in fuel prices across the UK in October 2022 against October 2021. Overall, the average price of fuel...
News
Oil users – fuel price winners once again!
...commentators agree that OPEC’s attempt to push the price of crude oil up has probably failed. While it’s never possible to predict the price oil with certainty, unless there is...
Opinion
Renovare Fuels: establishing the pathway towards a greener future
London-based Renovare Fuels, designs, manufactures, and markets a new technology for converting biogas into liquid fuel. Claudia Weeks, Community Content Lead for Fuel Oil News, spoke with the company’s Chairman,...
News
Retail fuel market to face competition watchdog price probe
The UK competition watchdog has stepped in to investigate record high prices and local price disparity at pumps in response to a government request. As forecourt prices continue to soar,...
News
Could heating oil prices be frozen?
...very little mention was made of other fuels such as heating oil. The possibility of a heating oil price freeze Citing international factors, gas and electricity suppliers plus a number...
Interview
Celebrating 50 golden years of Peak Oil
...Claudia Weeks, content writer for Fuel Oil News, spoke with Tom about the history of Peak Oil and what makes it such a special family run business. The history of...
Insight
The UK fuel industry: latest statistical analysis
As Fuels Industry UK publishes its 2024 Fuels Statistics report, we consider the fuels sector in the light of its findings. The Fuels Statistics report is an annual analysis of...
Interview
ESL Fuels: working with customers to deliver sustainable fuel solutions
...advice and support to UKIFDA” – Ken Cronin, CEO UKIFDA. “ESL Fuels have provided valuable technical advice and support to our members on fuel oils and sustainable liquid fuels”, David...
Case Study
QMRE: Transforming plastic waste into sustainable solutions
...oil could soon become a mainstream component of transport fuels, aviation fuels, and even marine fuels. Additionally, QMRE is exploring solutions for specific plastic waste streams such as carpets and...
News
Distributor Diaries January 24: the latest updates from our distributor community
...incredibly proud of the level of support shown by the staff here at Crown Oil.” Compass Fuel Oils supports Galloways Society for the Blind Compass Fuel Oils, the Penwortham-based fuel...