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....
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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...
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 price recovery and staycations fuel growth for J.R. Rix & Sons
High oil prices combined with a growing demand for holiday homes and lodges saw East Yorkshire family-owned business J.R. Rix & Sons Ltd increase turnover by 42 per cent last...
News
Success despite oil demand & price slump
...slump in demand for petroleum products during lockdown, as well as an accompanying fall in oil prices, resulted in a 22 per cent drop in Group turnover, down from £509.3m...
Insight
The changing world of the oil trader
...Total, etc. These vertically integrated international oil companies (IOCs) have been joined by state owned concerns, or national oil companies ( NOCd )- names such as Aramco, Kuwait Petroleum, IPC,...
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
Win an iPad mini 2 with Mabanaft at FPS EXPO 2015
Will you win an iPad mini 2 by guessing the ex-rack price onMabaLIVE for kerosene at Grays at a pre-specified time? Guess the ex-rack price on MabaLIVE for kerosene at...
News
Truck cartels – claiming damages
...to claim compensation in court for any loss which they suffered as a result of the higher prices which they had to pay for trucks due to the price fixing,...
Interview
A unique fuel industry set up for Convery Oils & Convery Engineering
Eamon Convery is the owner and manager of Convery Oils, a modern fuel distribution business based just outside Kilrea in Northern Ireland. Convery Oils delivers fuel products throughout Co. Derry,...
News
The shipping news
...High Sulphur Fuel Oil LSFO – Low Sulphur Fuel Oil LSMGO – Low Sulphur Marine Gas Oil IFO – Intermediate Fuel Oil ECUK – East Coast UK ECA – Emission...
News
Heating oil theft falls
...influenced by the sustained fall in heating oil prices we have seen over recent times, meaning oil is not the expensive commodity it once was.” “The report findings also suggest...
News
August update
...impact it may have on oil prices within the EU. The GSP allows import tariff exemptions on goods from developing countries, thereby encouraging trade with poorer countries. It may come...
Opinion
What is the best Christmas present for a fuel distributor?
...a Christmas present for the industry, Richard chose ‘the continuation of very sensible oil prices – high prices were doing us a lot of damage. The low oil price has...
News
Cheaper heating bills for oil households
...expensive than oil at £1,190 per annum. According to a new report from DECC published last month, the downward trend in oil prices is set to continue over the next...
Analysis
A deep dive into fuel distribution industry data
...solar and heat pumps. The census shows that the number of oil-heated homes has dropped 3% since the last census. It is likely that many oil-heated homes are in the...
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...