News
The future of oil heating – watch the debate
...to be continued….. In the meantime your views on the ability of the oil heating market to resist the threats are invited jane@oilinstaller.co.uk. THE FUTURE OF OIL HEATING JEREMY HAWKSLEY...
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News
The shipping news
...High Sulphur Fuel Oil LSFO – Low Sulphur Fuel Oil LSMGO – Low Sulphur Marine Gas Oil IFO – Intermediate Fuel Oil ECUK – East Coast UK ECA – Emission...
Insight
A look at the shape of the future UK downstream oil sector landscape
...transition away from all fossil fuels towards renewable sources. Taking the main components of the downstream oil sector in turn: Refining: There are currently six refineries supplying the UK market,...
Insight
Marine bunkering – fuel for a vital activity
...oil/ light fuel oil, with maximum density which can range between 0.890 and 0.920 kg/m3 at 15 degrees C Marine gas oil – meets the inland heating oil specification i.e....
Opinion
New UK oil essential for low carbon future
...oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK). Katy shares her thoughts with us: “Shell’s decision to suspend its involvement in Cambo, the...
Case Study
QMRE: Transforming plastic waste into sustainable solutions
...securing long-term contracts for their output, whether in the plastics or fuels market. Customers can choose to sell their recycled oil to a major petchem, or plastic manufacturing or supply...
Interview
Rationalisation in Irish oil distribution
...hopefully a decent winter, it could be a long overdue profitable year for oil distributors.” Others are less convinced…. Laura Gilpin of Belfast & Down Oil Supplies said: “The oil...
Opinion
Crude falls below $100/bbl as OPEC+ increases output but for how long?
...crude oil stocks of 4.5 million barrels, had an immediate impact on the oil price with crude oil trading lower the morning after the OPEC+ agreement was announced. Falling below...
Insight
Rapidly changing oil market creates pricing and supply issues
...Agency has stated, “send a unified and strong message to global oil markets that there will be no shortfall in supplies.” On 18 March, oil prices hit almost $130 (£99)...
Insight
Oil-price survey forecasts Brent to be above $80 a barrel by end of 2024
...total.” Sentiment tracker The Bloomberg Intelligence oil market survey is conducted at least once a year with key questions designed to track the change of sentiment by the market participants....
Interview
TEC: driving forward through innovation
...also developed two new oil reeling hoses specifically for the oil distribution industry – TECOIL and FUELTEC. FUELTEC is now a market leader and TECOIL entered the market in mid-2022...
News
Clever chemistry fuels business
...be processed; arguably this produces the most sustainable biodiesel available.” High standards – convincing the market Historically focusing on virgin seed oils, such as soy and palm oil, much investment was...
News
Heating oil’s future – making a difference
“Oil is the cheapest option for off grid homes and has been since October 2014,” says FPS chief executive Guy Pulham. The FPS is urging all those using oil to...
Interview
The battle to offer a competitive product
...heat this winter, writes Irish correspondent Aine Faherty Martin Daly, head of sales and marketing at Top Oil says that a succession of shorter winters, coupled with a short home...
Market Report
Prices and predictions – what does 2025 have in store?
...China highlighted, such was the ongoing weakness of Chinese oil demand, that prices were not under pressure and, in fact, the oil market was increasingly heading towards over-supply. And so,...
News
Cyberattack effect on oil prices
...lapse in security of supply can have on oil markets. Looking forward, Ian comments on the potential future effects on oil prices: “The most worrying geopolitical event might not be...
News
Distributor Diaries March 2025 – the latest updates from our distributor community
...new website launch Motherwell-based, independent fuel supplier, Oilfast, has launched a brand-new website for customers. Lorraine Stewart, Marketing Manager, explained more: “We have introduced a new website demonstrating how Oilfast...
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...