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News

Heating oil theft falls

...security lighting and fuel level alarms.” Despite small increases in cost since the beginning of the year, heating oil remains around 50% cheaper than when prices peaked in Spring 2013....
A look back over the highlights and challenges that 2022 brought to the tanker market and some thoughts on what lies ahead for those in tanker manufacturing.

Analysis

In review: the 2022 tanker market

...at the price when we’re ready to build.” Fluctuating component costs It’s the same at RTN, where Adrian is hoping that aluminium prices will stabilise this year and also highlighted...

News

Food-based biofuels to be capped

...4.5%. Biofuels produced from oil crops can give out more carbon emissions than diesel, and cause higher food prices. Connie Hedegaard told the Guardian: “We cannot morally afford to build...

News

Manx Petroleum – Fuelled with island spirit

...UK downstream has seen Manx Petroleum go through a period of transition leading to the creation of a new brand identity.  To learn more, Fuel Oil News visited the company...

Analysis

A year in the wholesale markets

...terminals has allowed us to grow our contracted and spot volumes. Prax is now a significant supplier of fuels to the distributer sector. By importing larger cargoes of fuel and...

News

Oil-fired homes – the clear winners

...July 2014, oil prices have fallen by approximately 34-35% for both existing and newer properties in the UK and by approximately 29% for dwellings in the Republic of Ireland. Compared...

News

Ready for a top up?

...said transport manager, Mark Mackenzie.  “It’s becoming less popular as everyone’s pushed further into comparing prices for everything.  When prices didn’t change every five minutes you’d find a much more...

Analysis

Prax – a fast track wholesaler

...always follow price. As fuel prices have rocketed, customers are hitting credit limits that much quicker – they’re looking for good service from a wholesaler who’s willing to listen and...

Opinion

Consequences of IMO 2020

...Given the impacts of the virus, lockdown, oil prices and environmental imperatives on the whole fuel market and the implications for strategic planning and buying relationships we speak with Brian Coyne,...

Opinion

Creating a low carbon energy system

...Prices over the last 10 years have fluctuated between 55p and 70p per litre and were significantly lower during the pandemic (30p) when aviation fuel demand dropped.   “UKIFDA members collect...

News

Success despite oil demand & price slump

...average of five per cent less fuel by volume in 2020 compared to the year before, although demand in the retail and commercial and road fuel sectors fell significantly further...