Insight
The case for a UK CSO agency
...Downstream Oil Reporting System and for importers in the Oil Stocking System. Additional provisions introduced in 2012 require that for motor spirit, diesel/gasoil and jet kerosene at least 22.5 days...
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News
Oil heating cheaper than mains gas
Jeremy Hawksley – welcome news for the industry and the 1.5 million UK households who use oil for heating Oil is now the cheapest of all the major heating fuels,...
News
Kerosene – community buying
...the country. And it’s not just in oil that such schemes are spreading… The Big Switch campaign, a collaboration between Which? and pressure group, 38 Degrees, already has more than...
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
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...
Market Report
The increasing impact of China’s economy on global oil demand
...driver of oil demand growth over the last 20 years. Oil markets have become so reliant on China’s seemingly endless growth The slowdown in global oil consumption is largely the...
News
Could heating oil prices be frozen?
...rising demand for refined oil products. Indeed, the same report pointed out that the UK depends on imports for 44% of its heating oil requirements. A fact that vividly illustrates...
News
Is it time Northern Ireland had a competent persons scheme?
...oil tanks have been installed by a qualified person and they meet building control regulations. David Blevings, OFTEC said: “Oil tank fires have the potential to be extremely dangerous and,...
Interview
Green Fuels: fighting climate change with sewage sludge
...ocean compared to the usage that’s required. You need everybody’s solution to be successful in one way or another.” HVO With the focus of many in the fuel oil industry...
News
Crown Oil ‘so pleased’ to be crowned winner
After announcing Crown Oil as the winner of our 2020 Tanker of the Year competition, we hear from Crown Oil director, Mark Andrews: “We are so pleased to have our...
Insight
Skills needed for downstream supply stability now and future
Working with Cogent Skills, the UK strategic body for skills in the science industries, to assess current workforce recruitment and retention as well as consider the future needs of the...
News
Retail fuel market to face competition watchdog price probe
...group RAC. The regulatory body will conduct a ‘swift and urgent review’ into petrol station pricing following a call from Business Secretary, Kwasi Kwarteng, for an investigation. In a letter...
News
Distributor diaries June 2024
...customers with the move towards clean energy, has recently completed the London Marathon. Completing the London Marathon in a time of 3 hours 25 minutes, James was raising money for...
News
Advance delegate tickets released for essential industry EXPO
After unveiling an excellent conference programme of thought-provoking and engaging topics delivered by leading voices, industry body UKIFDA has now released advance delegate tickets for this year’s EXPO. “Take advantage...
Market Report
Prices and predictions: how did we do in 2025, and what does 2026 hold?
...likely that once again we will have a flat-lining or a lowering of the oil price in 2025”. So we wrote this time last year, when we made our oil...
Analysis
Government announces £50m support package for heating oil users – but questions remain over scale and delivery
...to Wales. The announcement follows a sharp increase in heating oil prices linked to disruption in global oil markets, with kerosene prices rising significantly faster than crude. Around 1.7 million...
Interview
DCC on ambitions for Ireland and energy transition
...for Retail & Oil, who joined the company 10 years ago, initially as managing director for oil, then for retail, oil and fuel cards, to understand more about DCC’s goals...