Market Report
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News
Open to debate in Ireland
...forms at the Distributor Debate in Templepatrick earlier this month, rated too much competition and poor margins as their biggest concerns. Poor image, supply, prices, variable fuel quality, gas oil...
News
Investment values Argus at nearly £1bn
...stake in the business whilst enabling Argus to fuel its next phase of global expansion. Argus was founded by Jan Nasmyth in 1970 as a weekly newsletter covering the Amsterdam,...
News
NI oil stocks starting to replenish after high demand saw supplies run low
...“We saw unprecedented demand for home heating oil during August as prices moved lower in the early part of the month and consumers sought to replenish stocks ahead of winter....
Insight
The changing world of the oil trader
...facilities and fuels/lubricants’ marketing businesses. Vitol established a joint venture company with Helios Investment Partners, called Vivo Energy, in 2011, which acquired the majority share (80%) of fuels/lubes marketing businesses...
News
Driver shortages create barrier
Covid-19 and plummeting oil prices are two of the most substantial challenges that the fuel oil distribution sector has faced in the past 12 months. But whilst these were very...
News
UKIFDA’s winter campaign launches
...consider several key themes. With the ongoing war in Ukraine, the fuel supply will probably remain unpredictable, and prices are likely to be volatile, exacerbated by exchange rate fluctuations. To...
Market Report
Is it time to decouple electricity and gas prices? | Oct 2022
News
Emco Wheaton – Konnect loading arms
...Emco Wheaton. “The range delivers exceptional quality at highly affordable prices. Included are top and bottom loading arms, with all versions featuring advanced designs that are poised to change market...
Insight
Ken Cronin, CEO UKIFDA: It’s customers that matter
...liquid fuels because they are easy and non-disruptive and require a limited upfront investment. By creating a sector-wide renewable fuel obligation and a duty system that favours lower carbon fuels,...
Interview
A Day in the Life… Ken Cronin
Welcome to our feature where people from many different roles in this industry will take you through a typical day in their working life. This month, Fuel Oil News speaks...
Insight
Downstream future: decarbonisation, collaboration and digitalisation
...would no longer fund fossil fuel projects. What is decarbonisation? Before asking what we can do, we first must understand what it is we’re trying to achieve. Quite simply, decarbonisation...
News
Winning with Mabanaft
...manager for Mabanaft said: “Turners is a long-standing partner of Mabanaft. They use MabaLIVE to track prices and buy fuel on a regular basis therefore Ben had a good appreciation...
News
Assessing the impact of an eventful year on the industry’s future
...oil prices remaining low and OPEC’s production cuts and changes within OPEC, Russia and the unconventionals in the supply equation will also be debated along with the further political and economic...
News
90 new products on the Hytek website
...24 hours), the entire catalogue of products is available to browse. Login is for trade accounts only, giving these customers access to a wider range of information, including prices. www.hytekgb.com....
Market Report
What does the future look like for oil prices? | Jul 2021
Insight
How does the french downstream sector compare to the UK?
...parity between motor spirit and diesel pump prices, presumably via excise duty adjustments, to close the current 25 eurocents/litre gap. Levied on heating oil not transport fuels, a carbon tax...
News
Distributor diaries – latest updates from our fuel distributor community
...Full story here. WCF Fuels NW shares seasonal goodwill A hotspot of seasonal goodwill was created by staff and customers of WCF Fuels North West when the team organised a...