News
Portland Market Report – oil prices
...attractively low oil prices. The two biggest strategic buyers of oil in the world are the oil reserve companies of the USA and China respectively, both of whom are currently...
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News
Vintage year of success for Millers Oils
...power increases up to 5.6 percent, and when the nanotechnology oil was tested against a competitor’s oil, Nanodrive recorded 33% lower friction. Application of the technology to road car oils...
Analysis
What is the direction of travel for the UK energy sector?
...Conservative commitment to keeping the oil and gas windfall tax they introduced as well as the allowances that incentivise investment in North Sea oil and gas. The Conservatives The Conservatives...
Interview
Fuelling the future: The voice of the next generation
...Community Content Lead at Fuel Oil News, spoke with Luke Nolan, Sales Manager at Nolan Oils and Emma Osborn-Wilkes, Managing Director at Halso Fuels UK and EL-Oils to discuss how...
News
UK and allies announce price cap of $60 on Russian Oil
...secure affordable oil. A General Licence will be published shortly that will provide an Oil Price Cap exception for third countries, so that firms supplying oil to them are able...
Insight
What price oil? 2022 in review
Ian Moore, founder and managing director of The Oil Market Journal, takes us through the year, highlighting the main impacts affecting the oil price in 2022. Contained within this article...
News
Vulnerable rural households hit by discrepancies
...not extend to First Time Central Heating. This means that under the scheme, fuel poor households who currently rely on oil heating can have a broken oil appliance repaired or...
News
Oil boilers – significant sales increase
...in heating costs. This is by far the simplest and most cost-effective change that existing oil heating users can make”. OFTEC is promoting the benefits of oil heating to rural...
News
Backing a certainty
...“Long term the industry needs to take a more balanced approach to selling heating oil and look at other methods of generating revenue. “I guess we’ve been preparing for the...
News
Crown Oil completes acquisition of Star Oil
North West-based Crown Oil has strengthened its brand in the North West after acquiring an £18m-turnover oil supplier. The Greater Manchester company, part of the £420m-turnover Crown Oil family of...
Opinion
Crude falls below $100/bbl as OPEC+ increases output but for how long?
...crude oil stocks of 4.5 million barrels, had an immediate impact on the oil price with crude oil trading lower the morning after the OPEC+ agreement was announced. Falling below...
Opinion
A New Year’s wish for joined up thinking for fuel distribution
...that it would benefit heating oil users. Joining the dots The industry welcomed the news that one government department saw the value in this for UK heating oil customers. Now...
Opinion
Ken’s Corner: Strong and Stable
...in home heating and put forward a workable Renewable Heating Obligation. In Scotland, the Scottish Government has recognised that Bioenergy can be classified as a net zero fuel and in...
News
Great news for oil boilers
...the Greenstar oil boiler range has also obtained Which Best Buy status, the only oil boiler range on the market to achieve this. Homeowners and heating engineers rated the Greenstar...
Opinion
Ken’s Corner: A week is a long time…
...have the ability to deliver decarbonisation, particularly in homes in rural areas that are currently using oil heating. One of these technologies identified in the study was the use of...
News
Distributor diaries – latest updates from our fuel distributor community
...on Christmas Day. Whilst many were at home celebrating with their loved ones, Craggs Energy driver Lee Westwell was out in his truck completing several emergency heating oil deliveries. As...
News
Kerosene – community buying
...range of services to over 5200 homes, sought a solution for its tenants, who sometimes find it difficult to purchase heating oil in bulk. “We were concerned that a number...
Interview
Morrow Fuels – goes the extra mile
...manufacturing steel oil tanks for the domestic heating market. He saw his natural progression as moving more into the oil market, and bought his first distribution tanker in 1988. As...