Analysis
Greenergy – liquid problem solving
...oil prices could have on the country’s financial health. “When crude is high, money goes on foreign oil, sucking the liquidity out of the UK and European economy. The underlying...
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Interview
Why are new UK oil fields essential to a sustainable future?
...oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK) who shares her thoughts with us: “Shell’s decision to suspend its involvement in Cambo, the...
Market Report
The increasing impact of China’s economy on global oil demand
...oil prices sky-rocketing and yet for most of the year, the market has remained fairly stable. Plentiful oil supply has helped of course, but on the demand side, it has...
News
With a little help from our friends and family
...Fuel Oils told Fuel Oil News editor, Jane Hughes. One of the newest entrants into fuel oil distribution, Standard Fuel Oils is based in Merseyside. Twenty-eight year old Nick has...
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...
News
Fluctuating oil price fuels growth
Hull-based J.R. Rix & Sons has reported a 21% rise in turnover in 2018, due to the integration of two new fuel businesses and the fluctuating price of oil. “Our...
News
A feeling of insecurity?
...2012 contributed towards a 10%-15% increase in the price of crude oil that was reflected in the markets for petroleum products. As well as impacting energy prices, this in turn...
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...
Interview
In conversation with Prema Energy
...to the Carbon Reduction Commitment scheme. Biofuel oils made from tall oil pitch and later rapeseed oil distillation residue were developed to replace residual fuel oil in these plants at...
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...
News
Kerosene prices rise less than other fuels
...than many of its competitors and the seasonal variation in price gives oil heating users the chance to maximise savings. Percentage increase in the price of oil and other heating...
Opinion
The Distributor Debate
...in price include the instability in theMiddle East, which drives prices up, working against the weakness of the eurozone, which in turn pushes prices down. Currency is also a factor,...
News
Kerosene – community buying
...ring round price. It works really well. However, we don’t supply the larger buying groups who routinely contact at least 10 companies to negotiate the cheapest price.” According to a...
News
Oil prices fuel record financial performance for J.R. Rix & Sons Ltd
...achieve record profits. “Rix Petroleum was helped by an increase in the price of crude oil, which stabilised during 2022 as market turmoil created by the war in Ukraine began...
Opinion
The future of oil heating debate – watch the video
...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...
Insight
Free advice for Welsh businesses in preparation for March 2020 deadline
...Pollution (Oil Storage, Wales) Regulations 2016 require any above ground oil tank over 200 litres to be provided with 110% secondary containment by April 2020. Also known as the Oil...
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...