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Insight

Security of oil supply in the fuel distribution sector

...of Russia’s role in the petroleum industry as the world’s second-largest crude oil producer and largest exporter of refined oil products. Closer to home, Russia supplies about 30% of Europe’s...

News

Simon – investing in our infrastructure

...since shipping moved from coal to oil. Government sponsored Navy oiling stations around the world provided physical impetus for the change from coal to oil burning ships of the line...

Interview

Preparing for oil off Ireland

...the oil industry producing talented individuals who are specifically trained to further strengthen the oil industry. Worldwide it can be hard to attract people to oil and gas exploration.  With...
Data: the UKIFDA databank

Knowledge

Data: the UKIFDA databank

...in June 2023 dropped to their lowest level for almost two years, at 59.1ppl. Gas oil and DERV Gas oil consumption continues to decline, decreasing by 63% in the first...

News

With a little help from our friends and family

...Fuel Oils told Fuel Oil News editor, Jane Hughes. One of the newest entrants into fuel oil distribution, Standard Fuel Oils is based in Merseyside. Twenty-eight year old Nick has...
Ian Moore, of The Oil Market Journal, reviews the oil price in 2022.

Insight

What price oil? 2022 in review

...a key producer of several important commodities including oil, gas, and wheat, prices of these soared as supply chains were disrupted. The oil price was somewhat tempered by renewed Covid-19...

Analysis

A deep dive into fuel distribution industry data

...while similar to gas, reflects the fact that no oil homes have been built in the last 10 years. Oil-heated homes are split evenly between urban and rural, whereas gas...

News

Could heating oil prices be frozen?

...very little mention was made of other fuels such as heating oil. The possibility of a heating oil price freeze Citing international factors, gas and electricity suppliers plus a number...

News

Cyberattack effect on oil prices

...vulnerabilities within US infrastructure. Why do oil prices vary? Oil prices vary from day to day, but when an unexpected event occurs that causes disruption in the supply chain, drastic...

News

A feeling of insecurity?

...oil, gas and coal exporter to Europe.  In the oil industry, EU-Russia cooperation has been growing over recent years with European companies active in Russian exploration and production, while Russian...

News

Future energy – a vital topic

...Business School; Fuel Oil News listened to her perspective on the energy markets Oil and gas – mispricing risk Although disagreeing with the peak oil theory, Vivienne sees oil’s role...

News

OGIC – supporting innovation in oil & gas

Fergus Ewing, minister for energy, enterprise and tourism, at the launch of the Oil & Gas Innovation Centre in Aberdeen The newly established Oil & Gas Innovation Centre (OGIC) is...

Opinion

Will my supplier be putting FAME in my gas oil?

...to buy gas oil without biodiesel, so we’re planning to keep our gas oil FAME-free.  It is not our intention to blend FAME into our gas oil at any location...
Understanding compulsory oil stocking obligations for the UK

Insight

Compulsory oil stocking obligations: a UK update

...is a requirement to hold a minimum number of days of two categories of holding, which are: Finished products; comprising petrol, diesel/ gasoil and Jet A-1 Any oil; comprising the...

News

February 2016 update

...of the crude oil sold around the world. The vast majority of crude oil is sold at a discount to these two grades. So when we talk about $20 a...