Opinion
OMJ anticipates oil market movements
...insight into oil market movements from March and April this year. “Oil prices are in free fall as the market tries to force a rebalancing of supply and demand. The...
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Opinion
Could the lack of offshore wind bids in the latest CfD be the catalyst the sector needs?
...Market conditions: Projects scheduled for construction between 2026 and 2028 would require developers to secure new supply contracts at potentially elevated prices due to tightening supply and demand balances. Anticipation...
News
Unprecedented demand creates temporary oil shortage in Ireland
...to ration deliveries while the supply catches up. Some oil distributors have notices on their websites saying they are out of stock, with others removing prices from their sites. But...
Insight
The evolution of the UK biofuels sector
...percentage as biofuel or purchase Renewable Transport Fuel Certificates (RTFC) or pay in to the buy-out fund (at 30ppl) for the shortfall. Biofuels since the introduction of RTFO Since the...
News
It’s all hands on deck at Nolan Oils as fuel sales accelerate
...kerosene sales and fuel sales generally. A perfect storm A combination of unusually high prices and unseasonably mild weather through the autumn and early winter led to homeowners holding off...
Insight
The emergence and growth of Puma Energy
...between Russia and Europe. A year later the company was consolidated under one management team. In 2010 Puma acquired the BP fuel marketing businesses in Namibia, Botswana, Zambia, Malawi and...
News
Fair price award for Isle of Wight Fuels
Isle of Wight Fuels providing high quality products at competitive prices The award was presented to Isle of Wight Fuels by Community Buying unlimited, the co-ordinator of community buying initiatives...
Market Report
The increasing impact of China’s economy on global oil demand
...oil prices sky-rocketing and yet for most of the year, the market has remained fairly stable. Plentiful oil supply has helped of course, but on the demand side, it has...
News
Vote of confidence for Mabanaft
...pleased that 75% rate our prices as ‘good ‘or ‘excellent’. In effect, 100% of customers now rate our prices as ‘average’ to ‘excellent’. “Our performance for reliability of supply also...
News
Vital statistics for oil
...Department of Energy and Climate Change published its Energy Trends and Quarterly Energy Prices covering new data for Q4 2012 and provisional annual data for 2012. Key findings...
News
Government declares support for UK aviation as it unveils SAF mandate
The government has today published the details of its Sustainable aviation fuel mandate which will ensure ten per cent of all jet fuel on flights taking off from the UK...
News
FPS gets ready for winter
...prices are low. It now costs just £750 per annum (pa) to heat a typical three-bedroom home with a condensing oil boiler according to the latest figures from Sutherland...
Insight
Reducing fleet costs: how technology is reducing costs
...advanced technology can enhance a fuel distributor’s operations and deliver significant fleet costs savings. For some months now, the downstream market has been disturbed by various influences. Supply security and...
News
Oil heating cheaper than mains gas
Jeremy Hawksley – welcome news for the industry and the 1.5 million UK households who use oil for heating Oil is now the cheapest of all the major heating fuels,...
News
Energy statistics show fall in oil production
...compared to the previous year. The Department of Energy and Climate Change has published the figures in Energy Trends and Quarterly Energy Prices, publications which give statistics on energy production...
Insight
Ken’s Corner: Unintended consequences
...consumers. It has been recognised by government and other authorities that the presence of many small family-run businesses positively impacts the prices consumers pay for fuel. The large number of...
News
Truck cartels – claiming damages
...to claim compensation in court for any loss which they suffered as a result of the higher prices which they had to pay for trucks due to the price fixing,...
News
OMJ launches B7 Blended ULSD – UCOME Benchmark for UK
...a blend of Platts 10ppm ULSD and Argus UCOME prices. The new B7 blended ULSD – UCOME End of Day prices are published in US $/t. and GBP PPL in...