Opinion
OMJ anticipates oil market movements
Amidst a global lockdown resulting in less and less demand for oil, the oil market has been in turmoil. Ian Moore, director of the Oil Market Journal (OMJ) shares his...
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Interview
Value Oils: leader in online fuel distribution
...Major, Fuel Oil News editor spoke with Donall, managing director, and Andrew Higgins, marketing manager, to find out more about the move to online fuel marketing. Andrew begins the story:...
Interview
In Conversation with The Oil Lady
...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.”...
News
September 14 update
...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...
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Interview
Celebrating 50 golden years of Peak Oil
...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...
Opinion
Free oil? Not today …
...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...
Insight
The downstream oil market landscape of Ireland in the 2020s
...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...
News
February 2016 update
...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...
Insight
What price oil? 2023 In review
In association with The Oil Market Journal Pictured below and included in the January issue of Fuel Oil News is a graph that shows the price of ultra-low sulfur diesel...
News
Dealing with price volatility
With volatility in the oil market at an all time high, the importance of market intelligence cannot be underestimated. Liz Boardman talks to leading information providers to find out what’s...
Further Reading
News
OPEC+ continues oil production cut in uncertain market
...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+...
News
Simon – investing in our infrastructure
...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...
Insight
Security of oil supply in the fuel distribution sector
...of Russia’s role in the petroleum industry as the world’s second-largest crude oil producer and largest exporter of refined oil products. Closer to home, Russia supplies about 30% of Europe’s...
News
Could heating oil prices be frozen?
...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...
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...
News
Fuel for thought…
The oil heating market has contracted significantly over recent years, because of what can legitimately be described as the ‘perfect storm’, says marketing consultant John Switzer, who works with Carbery...
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
What price oil? 2022 in review
Ian Moore, founder and managing director of The Oil Market Journal, takes us through the year, highlighting the main impacts affecting the oil price in 2022. Contained within this article...