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News

Thoughts on fuel prices – November in review

...prices lower. The pound wasn’t just relying on a weak dollar to gain strength though. It also rallied slightly against the Euro following the announcement that although UK economic activity...

News

Q8Oils launches new lubricant for diesel engines

Q8Oils has reacted to customer demand for a high performance but cost effective low SAPS commercial oil with the launch of Q8 T904 10W-40. The oil has been developed due...
Ken's Corner

Opinion

Ken’s Corner: A week is a long time…

...from average homes in Ireland. Oil heated homes tend to be more rural, detached, built earlier, have lower energy efficiencies, higher heat losses and older residents with lower disposable incomes....
New multi-channel fuel tank alarm launches

News

New multi-channel fuel tank alarm launches  

...including haulage, construction, and agriculture, as well as on generator diesel tanks, and works by detecting and alerting tank owners of a high or low fuel level in their fuel...

News

Fay takes over as OFTEC chairman

...afford to be complacent and OFTEC is already investigating the viability of low carbon biofuels, which we see as the future for our industry.” “I look forward to building on...

News

Off grid homeowners benefit from low prices

...consumers find a personal pathway that fits the finances of the household but still contributes to lower carbon emissions in a timescale that meets net zero goals.”      ...

News

Bungalow destroyed by tank fire

Find an OFTEC registered technician at www.oftec.org.uk/Consumers/FindTechnician In the wake of an oil tank fire which destroyed a bungalow in Belvoir, Belfast last week, OFTEC has again issued safety advice...

News

‘No mean feat’ for Essar

Award success for Essar Stanlow – ‘demonstrates an organisation’s commitment to maintaining an excellent health and safety record,’ says Julia Small, RoSPA’s head of awards and events The commitment to...
OIl refinery in sunset

Analysis

What price oil? Q3 2025 in review

...the prospect of oversupply and high stocks. Q3 also saw a recovery in stock levels – beginning with US distillate stocks at their lowest level in over 20 years, and...
Oil barrels and pipeline

Market Report

Is there method behind OPEC’s apparent madness?

...to maintain the attractiveness of oil as a low-price energy source. Periodically, low prices are required to maintain the price advantage of oil over alternative forms of energy and in...
Oil refinery at sunset

Analysis

What price oil? Q1 2026 in review

...courts intervene Financial markets began reacting sharply in February. On February 2, gold and silver prices fell steeply, dragging oil lower after Kevin Warsh –  a critic of quantitative easing...