News
BP to cut 10,000 jobs as virus hits demand for oil
...squarely at the door of the drop in oil prices and the global collapse in demand for oil owing to the coronavirus pandemic as he told staff; “You are already...
search | oil-demand
News
NI oil stocks low due to unexpectedly high demand
David Blevings, spokesperson for NIOF said: “We have seen unprecedented demand for home heating oil during August as prices moved lower in the early part of the month and consumers...
Insight
What future for heating oil?
...200,000 and 250,000 commercial heating oil users. A snapshot of the trend in total UK domestic regular kerosene demand since the start of the millennium shows the following: Source: DECC...
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...
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...
Interview
Green Fuels: fighting climate change with sewage sludge
...of that availability of oil. In saying that, it’s obviously better to use HVO than fossil fuel. It’s finding the right renewable for the right box.” The demand for biofuels...
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...
Market Report
The impact of the Red Sea crisis and why expansion to the north could be catastrophic
...20 years, the Aden refinery was one of BP’s most profitable, taking cheap crude oil from inland Yemen and converting it into heavy fuel oil for shipping. However, in 1977...
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...
Interview
In Conversation with Klass Oil: a class act in energy distribution
...Tom Kirrane in the oil industry for nearly 40 years. Originally setting up Emo Oil, Tom ran Texoil as a joint venture with Chevron until he sold his share in...
Insight
A look at the shape of the future UK downstream oil sector landscape
We are living through a time that has heralded much change and, before considering the future evolution and shape of the UK downstream oil sector, we will remind ourselves of...
News
Dealing with price volatility
...oil trading centres in Londonand Rotterdamgives us a unique insight in to market thinking and oil intelligence.” wwwfuelpricesonline.com The WP Group has used the service for over 10 years. Managing...
Market Report
Prices and predictions: how are we faring?
...and nor have the lower prices for refined products generated an uptick in demand. In fact, world oil demand is currently decelerating, with the Chinese economy flatlining, and consumption stagnant....
Knowledge
Red diesel: What do the new rules mean for fuel distributors?
...red diesel and increased demand for white. On April 1 2022, the Government changed the rules on who is eligible to use red diesel – with the aim of taxing...
Opinion
Fuel crisis proves that supply trust is vital
...cost-efficient supply chains which are designed to deal with a stable pattern of demand and supply. When either of these is disrupted, as with current demand for fuel, product shortages...
Sponsored
ESL Fuels Biofuel Market Update – Q1 2026
...revenue for its domestic biofuel mandate and emerging SAF production, after POME exports reached 14 month highs due to strong demand from EU renewable fuel producers. The increase follows reports...
Insight
Fuel purchasing: Should you contract your supply or not?
...range was 6.80 ppl for diesel and 6.90 ppl for kerosene on 23rd June 2025, as oil prices fell more than 7% after Iran refrained from disrupting oil supplies through...