News
August update
January 2014 could bring higher European jet fuel prices. In recent months there has been a considerable degree of confusion regarding the EU’s Generalised Scheme of Preferences (GSP) and the...
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News
New standard publication will ensure sustainability of liquid fuels for immediate home heat decarbonisation
...of the planet’s future they must convert from using fossil fuels to low carbon renewable liquid fuel alternatives. “To hasten this conversion, we’ve produced an environmentally sustainable bio-liquid fuel specification...
Opinion
Energy security and emission reduction: the role of downstream
...systems of energy production and consumption to renewable energy sources such as low carbon fuels. “While it may appear that fuel security and net zero are two requirements that pull...
News
A product helping to tackle the rising wave of fuel thefts
...reporting dramatic rises in fuel thefts from building sites as criminals identify easy pickings to steal white diesel. Soaring oil prices have added fuel to the fire and, as winter...
Opinion
Warning over red diesel price hike
...SulNOx Group Plc, said the timing of the rule change, particularly in the current climate with record fuel prices, was worrying. “A radical rethinking of the government’s fuel policies is...
News
Oil – cheapest home heating fuel by far
...the cheapest of all major home heating fuels. Although the sustained fall in kerosene prices may be about to end as prices begin to slowly rise, there’s good evidence to...
Market Report
Portland Market Report – A spectacular own goal or a pivotal act of unknown agents?
This time two years ago gas prices went stratospheric, as energy markets grappled with the implications of the Russian invasion of Ukraine. Within a week of the invasion, European gas...
News
Research predicts oil price drop will continue
...drop in oil prices comes at a time when gas and electricity prices are continuing to rise, evidenced by the latest Sutherland Tables data. These figures show the average annual...
News
OFT boosts transparency on heating oil prices
Following OFT action, GB Oils, the largest supplier of heating oil in the country, has changed its domestic heating oil contracts ensuring quoted prices do not increase from the time...
News
OMJ expands product range
...now also provides a wide range of prices for sustainable fuels as well as pricing for power, gas and emissions. As an S & P Global Platts licenced distributor, OMJ...
News
Stable oil prices mean a fall in Group revenue for J.R. Rix & Sons
...peak at £535.1m, was fuelled by a steep rise in crude oil prices brought about by the war in Ukraine. In 2023, oil prices dropped 17.9%, marking a return to...
Market Report
Battery raw materials – could they become the biggest obstacle to EV rollout?
...is normally found. In terms of the market, prices are typically stable, with supply currently surpassing demand. This position is expected to continue until at least 2030, and as a...
News
Could heating oil prices be frozen?
...the key role that imports and international factors play in determining domestic prices. An affordable and secure supply When a fuel customer’s primary concern is an affordable and secure supply,...
Knowledge
Data: the UKIFDA databank
...recently produced its August monthly figures for domestic heating oil prices alongside broader inflation numbers. Heating oil prices in August 2023 were 74ppl compared to 89.7ppl in August 2022. Prices...
News
Fuel poverty could affect an extra 300,000 households this winter
Around 300,000 households could face fuel poverty in the next few weeks thanks to the continued rise in energy prices. Fuel poverty has been defined as a household spending more...
Opinion
North Sea oil industry in crisis?
...Sea being profitable as oil is below $60 per barrel. “It is almost impossible to make money at these oil prices,” says Mr Allan, director of Premier Oil in addition...
News
Oil users – fuel price winners once again!
...are Scotland and Northern Ireland where costs have risen by approximately 2% and 5% respectively. Regional variations can be quite significant and prices are usually highest in Scotland where transport...
Interview
The evolving scope of fuel logistics
The fuel logistics sector faces many challenges and changes, some of which will be passing and some permanent. With long roots in the sector and a current role heading up...