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Data: the UKIFDA databank

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...
Peak Oil, a family operated distribution business covering Derbyshire, South Yorkshire, and Nottinghamshire and formed in 1972 by Tom Pearson, has just celebrated its 50th anniversary in business.

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...

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...

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....

News

Oil heating cheaper than mains gas

...comparative UK domestic heating prices, the price of kerosene has fallen by nearly 30% over the past two years and it is the first time the price has fallen lower...

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...

Opinion

North Sea oil industry in crisis?

...Sea being profitable as oil is below $60 per barrel. “It is almost impossible to make money at these oil prices,” says Mr Allan, director of Premier Oil in addition...

Opinion

Consequences of IMO 2020

...and staff with local expertise are finding it difficult to consistently source the bunkers their clients needed. With a continuation of oil price volatility and a price trending upwards, we...

News

Community Buying – The organisers’ view…

...as BoilerJuice on price – in fact they’re almost, without exception, the most expensive price I receive!” For Barney Lodge however, who runs the 1550 strong Essex-based Oil Buying Group,...
The current millennium has witnessed changes in the downstream oil sector in Ireland of a scale and extent that far exceeded anything that occurred in the 50 or so years prior. We consider how in Ireland the process has been characterised by consolidation in the competitive landscape accompanied by rationalisation of logistics arrangements.

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...