News
Oil – the cheapest of all major heating fuels
...expensive than LPG and 42% cheaper than electricity. A renewed appreciation of the benefits of oil Most experts agree that oil prices will remain low for some time and with...
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News
Future energy – a vital topic
...Business School; Fuel Oil News listened to her perspective on the energy markets Oil and gas – mispricing risk Although disagreeing with the peak oil theory, Vivienne sees oil’s role...
Insight
What price oil? 2025 in review
...warplanes; the Caribou Lake wildfire threatened Canadian oil-sands output; then, on 13th June, Israel hit Iranian nuclear sites. Tit-for-tat escalation sent Gasoil futures exploding through $700/t. The US eventually joined...
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...
Opinion
The billion barrel blow and why it may mean more pivoting in the fuel sector
...this has happened. April 20th, 2020, was the first day in history when oil recorded negative values. US oil benchmark West Texas Intermediate (WTI) fell from $17.85 at the start...
News
Oil – the only heating fuel where prices have fallen
Jeremy Hawksley speaking about Oilsave and the fight for oil heating at the Fuel Oil News Distributor Debate earlier this month. See the March issue of Fuel Oil News for...
News
Vintage year of success for Millers Oils
...power increases up to 5.6 percent, and when the nanotechnology oil was tested against a competitor’s oil, Nanodrive recorded 33% lower friction. Application of the technology to road car oils...
Analysis
A deep dive into fuel distribution industry data
...solar and heat pumps. The census shows that the number of oil-heated homes has dropped 3% since the last census. It is likely that many oil-heated homes are in the...
News
UK and allies announce price cap of $60 on Russian Oil
...secure affordable oil. A General Licence will be published shortly that will provide an Oil Price Cap exception for third countries, so that firms supplying oil to them are able...
News
The Phillips 66 Interview
...to grow its market share here. Fuel Oil News editor, Jane Hughes asked managing director, Pete George about the business, refining and fuels and its relationship with fuel oil distributors....
Insight
BP OUTLOOK 2023: the outlook for global energy to 2050
...to a low-carbon world will require a range of other energy sources and technologies, including low carbon hydrogen, modern bioenergy, and carbon capture, use and storage. Oil demand will decline...
News
The distributor offer revisited
...– amply demonstrated during the harsh winter weather of December 2010, when demand for heating oil soared. Good levels of general customer satisfaction in the domestic heating oil market were...
News
Crown Oil completes acquisition of Star Oil
North West-based Crown Oil has strengthened its brand in the North West after acquiring an £18m-turnover oil supplier. The Greater Manchester company, part of the £420m-turnover Crown Oil family of...
News
Distributor Diaries January 24: the latest updates from our distributor community
...incredibly proud of the level of support shown by the staff here at Crown Oil.” Compass Fuel Oils supports Galloways Society for the Blind Compass Fuel Oils, the Penwortham-based fuel...
News
Life After Oil community launches to support industry professionals grappling with transition dilemma
...Life After Oil is Nick Smith, owner of Fuel Oil News and a fourth-generation coal and oil supplier who has long navigated the balance between meeting today’s essential energy needs...
Market Report
The meteoric rise and sudden demise of State Oil
...Oil – the owners of Prax Petroleum, the Lindsey Oil Refinery and various North Sea exploration assets – had gone into Administration. Not too much information is yet available around...
News
Distributor Diaries March 2025 – the latest updates from our distributor community
Oilfast: Proud to continue special partnership Having offered an incredible opportunity to local singers and songwriters, Oilfast, the independent fuel supplier, based in Motherwell, Scotland, has decided to extend its...
Opinion
What price oil? Fuel industry experts share predictions for 2023
...A key point to note here is that prices have now returned to the same levels seen prior to the invasion. Supply and demand We’ve seen a weaker demand in...