News
Oil – cheapest home heating fuel by far
...of oil condensing boilers have reached a nine-year high and we’re receiving an increasing number of enquiries from gas safe technicians looking to expand into the oil market. The outlook...
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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...
Insight
Ireland’s downstream oil infrastructure
...million tonnes per year of white oil products, supplies just under 30% of the Republic’s oil market requirements, particularly to the province of Munster. The remainder of the Republic’s oil...
Market Report
A special Christmas market report from Portland
...for black gold there and then. Lauren Laverne Really. Did you find oil in the garden? Gaz Oil No. Course not. Lauren Laverne Oh. What was the song then? Gaz...
News
Oil Terminal 2015 – new multi-billion USD projects
...Bashneft. The agenda at the Oil Terminal 2015 industry forum reflects how growing oil exports have led to additional demands to increase the capacity of tank farms and exporting oil terminals....
News
Showcasing oil heating’s future
...behind the show Facilitating the way into this evolving marketplace is the Oil & Renewable Energy Show. Organised by A&D Publishing – publishers of Fuel Oil News, Oil Installer,...
Opinion
Can hydrogen deliver? Industry leaders weigh in on costs, policy, and progress
...a Senior Consultant in S&P Global – Oil Markets and Downstream (OMDC). He has ten years of professional experience working in the Oil and Gas industry, and is based in...
News
Fuel and food continue to deliver for NWF
NWF Group plc, specialist distributor of fuel, food and feed across the UK, is reporting strong half yearly results, with a significant contribution from a strong fuels division. Overall results...
Opinion
A reliable and secure supply
...acquired the Lindsey Oil Refinery in March of this year. Headquartered in London, this British multinational independent oil refining, trading, storage, distribution and retail conglomerate has gained a well-deserved reputation...
Analysis
A year in the wholesale markets
...for the wholesale industry. The international oil market continues to remain backwardated, as it has for the past 18 months. For wholesalers, holding stock in the current climate presents financial...
Opinion
Fuel price fears as OPEC+ cuts oil production
...to the end of 2023. A volatile market Walid Koudmani, chief market analyst at financial brokerage XTB comments: “WTI crude futures are trading around $88 per barrel on Thursday after...
News
Customer feedback helps gain competitive edge
...importance. “The feedback we receive helps us ensure that high standards are being met and maintained and that we continue to deliver on our customers’ requirements,” said Mabanaft’s marketing manager...
Opinion
North Sea oil industry in crisis?
...Sea being profitable as oil is below $60 per barrel. “It is almost impossible to make money at these oil prices,” says Mr Allan, director of Premier Oil in addition...
News
Which? reports on heating oil prices
With the price of heating oil at a four-year low, Which? has taken another look at the heating oil market; a market that has seen a 23% fall in price...
Insight
What are the issues causing uncertainty in the oil and gas sector?
...Russia by other global powers caused a notable surge in the price of WTI crude oil to $133.46 (£106.89) per barrel and Brent crude oil to $139.10 (£111.43) per barrel,...
Interview
A unique fuel industry set up for Convery Oils & Convery Engineering
Eamon Convery is the owner and manager of Convery Oils, a modern fuel distribution business based just outside Kilrea in Northern Ireland. Convery Oils delivers fuel products throughout Co. Derry,...
Insight
How does the french downstream sector compare to the UK?
...refined oil products market is of a comparable size and shows a similar pattern of modest decline over the past five or so years. The hypermarket groups – Intermarche, Leclerc,...
Insight
A vertically challenged market
...UK oil market has seen a gradual shift away from domination by the oil majors and mini majors. Their rationalisation and repositioning created a vacuum now filled by importers and...