Opinion
The price quoted is the price the customer pays?
...are competitive on price, and if the price quoted does not match the price invoiced, this reflects badly on our customer service. So it is very important that the price...
search | oil-price
News
Oil price rises over $70 a barrel
...future demand increases. And this concern over supply is contributing to the current oil price gains. Having reduced output through the pandemic, Opec and other large oil producers are slowly...
Interview
In Conversation with The Oil Lady
The Oil Lady is a fuel distribution business based in little Yeldham, Essex. It was founded in 2015, by Sheila Considine. Claudia Weeks, Content Lead for Fuel Oil News, spoke...
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...
Insight
Fuel prices – impacts and forecasts
...current oil price and avoid a drop in revenue, so took the step to cut production now to ensure history did not repeat. The markets did of course react to...
News
Argus partners with OMJ to add transparency to downstream fuel prices
...international benchmarks for gasoline, biofuels and LPG. Global energy and commodity price reporting agency Argus has agreed to license its key European spot price assessments for oil products to OMJ...
News
The distributor offer revisited
...of the value chain – whether filling station pump prices, heating oil prices or those charged to commercial/industrial users. This has recently triggered an OFT investigation into how pump prices...
Knowledge
Data: the UKIFDA databank
...recently produced its August monthly figures for domestic heating oil prices alongside broader inflation numbers. Heating oil prices in August 2023 were 74ppl compared to 89.7ppl in August 2022. Prices...
Opinion
Millions more UK households face hardship due to energy price crisis
...longer have any resilience to price shocks is crucial. As high prices continue and with volatile geopolitics impacting energy prices, targeting support to those who most need it is vital.”...
News
Retail fuel market to face competition watchdog price probe
The UK competition watchdog has stepped in to investigate record high prices and local price disparity at pumps in response to a government request. As forecourt prices continue to soar,...
News
Research predicts oil price drop will continue
...price of oil will continue to fall over the next three years, spelling more good news for the industry. The results forecast that by Q4 2014, the price of kerosene...
News
Oil – the cheapest of all major heating fuels
...expensive than LPG and 42% cheaper than electricity. A renewed appreciation of the benefits of oil Most experts agree that oil prices will remain low for some time and with...
Opinion
Longer term impacts of coronavirus on the UK and Ireland’s oil industry
...managing director of GPB Global Resources B.V., the broader impacts of coronavirus on the oil industry Plummeting oil prices have had worldwide consequences but have been particularly painful for the...
Opinion
Will rising fuel prices accelerate the switch to renewables?
...reopened and manufacturing continued, the demand for energy also returned. The latest surge in fuel prices is largely due to the jump in oil prices that followed Russia’s invasion of...
Analysis
25% increase in annual fuel prices drives fleet costs up by millions
...data from independent fuel card distributor, Right Fuel Card, revealed the differences in fuel prices across the UK in October 2022 against October 2021. Overall, the average price of fuel...
Interview
The battle to offer a competitive product
...average price. It is apparent that competing on price is paramount for oil distributors with most consumers now ordering smaller amounts of fuel, less often. What is also important is...
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
Market intelligence – FREE trial offer
...reliable intraday price assessments and cutting edge technologies. It is a Platts licensed distributor for UKI, a Dow Jones partner, and a licensed vendor of Financial Times forex prices and ICE Futures Europe oil prices....