News
Industry body sees transition as the solution
...the coronavirus pandemic and a 20 year low in oil prices. A proposed three-stage framework to support the sector in dealing with the immediate crisis while positioning it to play...
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Opinion
The oil market continues its cautious rally but more uncertainty lies ahead
...supply side the two burning questions will be the ability of Saudi Arabia to continue to marshal cut-compliance if oil prices continue to rise, as well as the ability of...
News
Kerosene – community buying
...consumers, community fuel buying groups are not viewed favourably by all distributors. Tony Deakins, of Shropshire based Deakins Fuels, told FON: “I’m very much against such schemes. I don’t supply any buying...
News
Will YOUR customers “buy oil early” for winter?
...to stock up on oil sooner not later. “It’s better to order early when demand is low and prices are low and to make sure no household is caught out,...
News
Oil heating is more competitive
The latest independent figures show oil prices have become more competitive over the last four years. LPG remains the most expensive fuel for off gas main customers. According to the...
News
No abuse by fuel suppliers says OFT
The Office of Fair Trading (OFT) has failed to prove that fuel suppliers are abusing their position in Shetland and other rural areas. Whilst the OFT did find a large...
News
Chandlers Oil & Gas – Playing to our strengths
...a driver stealing fuel red-handed. It may have cost £300 a truck but given the high cost of fuel, it’s worth it.” With an ordering facility on its Chandlersoil.com website,...
News
FPS highlights low margins in response to claims of profiteering on heating oil
...high prices are just not feasible. “The FPS always recommend that if buying group customers wish to receive an indication of the true saving for the fuel they should contact...
Opinion
Logistics UK urges government to maintain fuel duty cut to protect economy
...absorb these increased costs. Any measures that increase fuel duty will have a significant impact on consumer prices, which have increased 10.5% in the twelve months to December 2022. “Not...
News
TRA proposes removal of HVO measures
...manufacturers/businesses as there is no HVO industry in the UK and the higher prices for HVO would mean that it did not displace UK produced FAME. HVO in demand for...
Insight
Ken Cronin on DESNZ: Looking beyond the name
...While energy prices have undoubtedly been higher than in previous periods, every day our prices reflect the ups and downs of the market in a transparent manner. Positively, recent consumer...
News
Kerosene prices rise less than other fuels
New statistics show that oil prices have remained more stable than other forms of heating. A comparison of heating costs for the last five years, based on information supplied by...
News
Making light work of heavy oil
...a year at its new site, will begin processing product within the year. Even with the reducing oil prices recently experienced, Fluid Oil can compete as it can process viably...
Insight
Sector legislation: Government strategy, incentives and progress for heat pumps
In a previous issue of Fuel Oil News (March 2022) we considered the increasing frequency with which core fuel distribution businesses within our community were changing their names and updating...
News
127% more expensive than heating oil
...facing a 12.5% rise in electricity prices, the average cost of heating a home on oil continues to fall, reigniting OFTEC’s call for government to urgently review its current heat...
Insight
SUSTAIN calls for greater support, as survey reveals attitudes to premium pricing for sustainable solutions
...the processes are not scaled to the same level as fossil fuels – which has a 150-year head start! But even at prices which can be three times that of...
News
Risk reduction for domestic customers
...customers worried about rising oil prices and hefty winter fuel bills. “Top of the customers’ wish list was cheaper kerosene, next was being able to avoid the unknown when it...
News
MabaLIVE celebrates first year of success
...Favourable comments “Regular updates and current prices help our business to make the right purchase at the right time,” says Bryan Inkson of Gleaner. “With prices changing all the time,...