Insight
What price oil? 2024 In review
...election. OPEC delayed production curbs for an additional month until January 2025. ARA oil stocks were depleted early in the month with gasoil at a 14-week low on 7th November....
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Interview
In Conversation with The Oil Lady
The Oil Lady is a fuel distribution business based in little Yeldham, Essex. It was founded in 2015, by Sheila Considine. Claudia Weeks, Content Lead for Fuel Oil News, spoke...
Interview
Celebrating 50 golden years of Peak Oil
...Peak Oil Tom Pearson founded Peak Oil as a business from his home address in Dronfield, back in 1972 and explains how it all began: “I started Tom Pearson Oils...
Opinion
Free oil? Not today …
...unlikely to have sold any physical oil at negative prices. The oil industry is already absorbing much of the short-term price shock by putting oil into storage, both on land...
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Insight
The downstream oil market landscape of Ireland in the 2020s
...Oil. In 2018, Irving Oil acquired large independent, Tedcastle Oil Products (TOP), providing it with a distribution terminal in Dublin as well as a substantially expanded market reach. The refinery...
Interview
Value Oils: leader in online fuel distribution
...Oils? “There are many benefits for suppliers selling oil through our website, including: • They are in complete control of the pricing and delivery windows they offer and can easily...
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...
Market Report
Volatile grounds: How geopolitical crises shape oil price fluctuations
...per barrel. It was at this point though, that the big hedge-funds re-entered the market and bought swathes of oil futures. This obviously supported the oil price against further falls...
Opinion
North Sea oil and gas must address challenges to mitigate energy crises
...report series from the Oil and Gas Transitions (OGT) initiative. Long a strategically important reservoir for oil and gas, the North Sea is now a pivotal ground zero for net...
Interview
Why are new UK oil fields essential to a sustainable future?
...oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK) who shares her thoughts with us: “Shell’s decision to suspend its involvement in Cambo, the...
Further Reading
Analysis
What price oil? Q2 2025 in review
In association with The Oil Market Journal. A quarterly review of the movements of, and impacts on, brent crude and HVO diesel prices. With data supplied by the Oil Market...
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...
News
Why Canada’s environmental zealot will happily leverage the country’s oil to avoid financial havoc
...is only too aware of just how important this oil region is to the Canadian economy. Alberta’s oil sand deposits alone, represent the world’s third largest crude reserves and the...
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...