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Nolan Oils: Proudly supporting the community Nolan Oils, the Oxfordshire-based distributor, is proud to be sponsoring sports clubs in their local community. The business is now supporting Ardley United Football...
...demand forecast upwards by 200,000 bpd despite anticipating a slowdown in demand growth during Q1 2022. Competition for product leads to price concerns Ian Moore from The Oil Market Journal...
...challenging market “The Oil Lady is totally independent and I’m proud of that, but November 2020 was an incredibly challenging time: it was hard to get a deal for oil.”...
...North Sea oil had just been discovered and the slogan “it’s our oil” began to get traction. Back in October 2013, we looked at the downstream oil industry in Scotland...
...Peak Oil Tom Pearson founded Peak Oil as a business from his home address in Dronfield, back in 1972 and explains how it all began: “I started Tom Pearson Oils...
...that does not mean that oil no longer has any value. The value of the oil in store is almost certainly already sold in the forward markets at a positive...
The Oil Market Journal (OMJ) has expanded rapidly from its origins in 1999 when its aim was to provide large volume oil buyers with reliable Rotterdam spot market trading assessments....
...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...
...the UK, following concerns that export prices are below market value, potentially undermining the domestic biodiesel market. EU anti-dumping levies on US product were lifted in the UK in 2022...
...demand. The current over supply situation has been well documented; fracked oil flooding US markets, OPEC refusing to cut production in an attempt to maintain market share and now, Iran’s...
...per barrel. It was at this point though, that the big hedge-funds re-entered the market and bought swathes of oil futures. This obviously supported the oil price against further falls...
Having agreed a partnership that will see its clients benefit from greater insight and market transparency, Oil Market Journal (OMJ) will now distribute Argus prices to its clients, including key...
...since shipping moved from coal to oil. Government sponsored Navy oiling stations around the world provided physical impetus for the change from coal to oil burning ships of the line...
...closely tracks global oil markets. Domestic demand is highly price-sensitive – domestic heating oil consumers typically purchase in bulk when prices are low. For example, low prices in 2020 (COVID-19)...
At the end of 2022, WCF Chandlers, the Lincolnshire based distributor, celebrated a fantastic double win at a local business awards event. The annual Grantham Journal Business Awards were held...
...to Wales. The announcement follows a sharp increase in heating oil prices linked to disruption in global oil markets, with kerosene prices rising significantly faster than crude. Around 1.7 million...
...into effect today, 5 December, in an already churning oil market. Speaking after yesterday’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “The decision by OPEC+...
...impact on the cost of living very sharply into focus Economic and geopolitical factors have interacted with supply and demand issues in the global oil market generating the movement and...
