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...
search | gleaner-oil
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...
Insight
Marine bunkering – fuel for a vital activity
...oil/ light fuel oil, with maximum density which can range between 0.890 and 0.920 kg/m3 at 15 degrees C Marine gas oil – meets the inland heating oil specification i.e....
Opinion
New UK oil essential for low carbon future
...oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK). Katy shares her thoughts with us: “Shell’s decision to suspend its involvement in Cambo, the...
News
Heating oil’s future – making a difference
“Oil is the cheapest option for off grid homes and has been since October 2014,” says FPS chief executive Guy Pulham. The FPS is urging all those using oil to...
Insight
What price oil? 2023 In review
In association with The Oil Market Journal Pictured below and included in the January issue of Fuel Oil News is a graph that shows the price of ultra-low sulfur diesel...
Opinion
We’ll meet again: oil to gas price gap shrinking rapidly
With the spread between natural gas and oil contracting rapidly, Bjarne Schieldrop, chief commodities analyst at SEB, thinks that a bullish tailwind for oil is at risk and right now both...
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...
Opinion
The future of oil heating debate – watch the video
...to be continued….. In the meantime your views on the ability of the oil heating market to resist the threats are invited jane@oilinstaller.co.uk. THE FUTURE OF OIL HEATING JEREMY HAWKSLEY...
Insight
Free advice for Welsh businesses in preparation for March 2020 deadline
...Pollution (Oil Storage, Wales) Regulations 2016 require any above ground oil tank over 200 litres to be provided with 110% secondary containment by April 2020. Also known as the Oil...
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...
News
The future of oil heating – watch the debate
...to be continued….. In the meantime your views on the ability of the oil heating market to resist the threats are invited jane@oilinstaller.co.uk. THE FUTURE OF OIL HEATING JEREMY HAWKSLEY...
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...
News
A lubricants package that delivers
...staff training. “For the first time in over 7 years of wholesaling other brand engine oils we can finally see profits in small pack engine oil. Previously our oil brands...
News
OPEC+ continues oil production cut in uncertain market
...into effect today, 5 December, in an already churning oil market. Speaking after yesterday’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “The decision by OPEC+...
Insight
Compulsory oil stocking obligations: a UK update
...international requirements to maintain the requisite minimum levels of oil stocks to mitigate any supply crisis. These were: EU obligations Under EU Oil Stocking Directive 2009/119/EC, members are required to...
Insight
The changing world of the oil trader
...Total, etc. These vertically integrated international oil companies (IOCs) have been joined by state owned concerns, or national oil companies ( NOCd )- names such as Aramco, Kuwait Petroleum, IPC,...
Interview
The battle to offer a competitive product
...Top Oil has invested in its Dublin terminal Tackling low margins Outlining how consumer spending has changed, Martin said heating oil order sizes had reduced to 500 litres and even...