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...to increase output to stem rising prices, and the latest rebuff leaves the President assessing whether to release further strategic oil stocks to lower prices. “The President is disappointed by...
...the field are clearly vast. At today’s oil price ($90 / bbl), the oil field has a value of around $1trn and, with current production levels of 500,000 barrels per...
...European Union, agreed on Friday to set the $60 price cap on Russian crude oil traded by firms shipping oil to third countries with the price to be kept under...
...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...
...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...
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...
...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...
...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...
...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...
...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...
...Canadian oil will significantly push up US fuel prices and there are few subjects more important to US voters than the price of gasoline… This will not be the first...
...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...
...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.”...
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,...
...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...
...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...
...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...
...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...
