search | oil-demand
...long‑term contracts, so oil‑heated households can shop around. However, this also means distributors cannot predict demand in the same way as gas and electricity companies. When demand rises suddenly or...
...had 6 operating oil refineries, all under all or part foreign ownership, other than the Prax Group owned Lindsey Oil refinery based on Humberside. As of today, only five remain,...
...for the industry. For the oil markets, the first half of the year saw extraordinary swings in supply and demand, culminating in what is now thought to have been a...
...oil producer in Africa (15th in the world), but it also has the 10th largest oil reserves on the planet. At the same time however, those same casual observers would...
...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...
...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...
Heating oil prices have surged in recent weeks, as global oil markets react to escalating conflict in the Middle East. But while crude oil prices have risen sharply, kerosene –...
...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...
...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...
...course were that supply exceeded demand and this trend looks sure to continue in 2026. Oil producers, it seems, are on a kamikaze mission to increase oil production even though...
...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...
...Coronavirus has hit oil (and stock) markets like a whirlwind and all at a rather inconvenient time for the global oil industry. We discussed the impact on demand last month,...
...Fuel Oils told Fuel Oil News editor, Jane Hughes. One of the newest entrants into fuel oil distribution, Standard Fuel Oils is based in Merseyside. Twenty-eight year old Nick has...
...mt, which exceeds the combined inland oil demand of Germany, France and Italy. Looked at from another perspective, it represents almost four times the UK’s 2012 inland oil consumption! Tougher...
...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...
...added oil demand in our view. Highly untraceable or detectable and out of sight. But this bullish drive for crude oil will be lost the moment natural gas price moves back...
...cycle — with spikes in the oil price often occurring before economic recessions,” said Chapman. “Oil has been essential for economic growth, but our reliance on it has created vulnerabilities....
...its knees by cronyism and anti-American politics. The assets of private US oil companies had been forcibly taken over by the corrupt state oil company PDVSA and production had plummeted....
