search | oil-demand

News

Oil price rises over $70 a barrel

...the economic revival will be soon coupled with oil demand recovery,” said Tamas Varga, an analyst at PVM oil brokerage in London. He cautioned, however, that the recovery still faced...

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...
The current millennium has witnessed changes in the downstream oil sector in Ireland of a scale and extent that far exceeded anything that occurred in the 50 or so years prior. We consider how in Ireland the process has been characterised by consolidation in the competitive landscape accompanied by rationalisation of logistics arrangements.

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...

News

UK refining – hunting for answers

...by 2035, the International Energy Agency expects 80% of EU transport fuel demand to still be met from oil derivatives with most demand met by ordinary fuels particularly for the...
Understanding compulsory oil stocking obligations for the UK

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...

Opinion

Highs and lows of the oil price drop

...fuelled by heating oil. As the first wave of the Coronavirus spread across the globe, forcing the majority of the world into lockdown, the demand for fuel fell off a...

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....

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...
A new approach born from a deep understanding of fuel distribution

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

Gas grid and storage facilities in the UK

...a number of other developed economies. Unlike oil, for which countries are mandated at all times to carry minimum inventories in terms of days’ demand, there are no comparable requirements...