News
Oil – the only heating fuel where prices have fallen
Jeremy Hawksley speaking about Oilsave and the fight for oil heating at the Fuel Oil News Distributor Debate earlier this month. See the March issue of Fuel Oil News for...
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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...
News
Vintage year of success for Millers Oils
...power increases up to 5.6 percent, and when the nanotechnology oil was tested against a competitor’s oil, Nanodrive recorded 33% lower friction. Application of the technology to road car oils...
Interview
Doherty Oils – fail to plan, plan to fail
...Topaz Local Fuels team,” Adrian Gallagher, Topaz home heat business manager, told Fuel Oil News. “Many customers did not realise that their oil tanks were so low and the increased...
News
BWOC – a business with character
...month Fuel Oil News discussed the business with Mark and his team. “Bob grew up in the oil industry – he drove tankers, sold fuel and ran a terminal before...
News
Technology: Supporting the supply chain
...the automatic process of emptying of the manifold – drivers and fuel oil operatives can be confident that the correct fuel is delivered every time and free from contamination. “In...
News
Reaping the benefits of integration
...fuel costs, should be monitored. In response, Mechtronic has launched the Stocksmart vehicle tracking and data transfer system. Designed specifically for the fuel oil market, StockSmart makes vehicle, stock and...
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...
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...
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
Successful look to the future at fuel distribution industry EXPO 2022
...Krzysztof Malik of Certas Energy. Green Award 2022 (sponsored by Oilshield) Winner: Oil 4 Wales Runner-up: Fuel Additive Science Technologies Innovation Award 2022 (sponsored by Fuel Oil News) Winner: Eliminox...
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...
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...