Insight
What price oil? 2024 In review
...obligations from July 2025 29 HVO prices rise with ICE Gasoil September 5 UK pushes back timeline on Chinese biofuels investigation 10 HVO prices weighed down by ICE Gasoil 20...
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Opinion
What price oil? Fuel industry experts share predictions for 2023
...provider, Right Fuel Card, have shared insights and predictions into what we can expect when it comes to fuel prices this year. Oil prices 2022 saw prices pushed to record...
News
Portland Market Report – oil prices
...attractively low oil prices. The two biggest strategic buyers of oil in the world are the oil reserve companies of the USA and China respectively, both of whom are currently...
Opinion
Free oil? Not today …
...oil prices” in the media, are prices for delivered futures contracts in the USA, they are not prices for physical oil, certainly not in the UK. The people who sold...
More search | oil-prices
Insight
What price oil? 2023 In review
...not seen since the 1980s, oil prices fell during Q1 and Q2. The weakening of global oil markets led the OPEC+ cartel to cut production by 2 million barrels per...
News
Cyberattack effect on oil prices
...vulnerabilities within US infrastructure. Why do oil prices vary? Oil prices vary from day to day, but when an unexpected event occurs that causes disruption in the supply chain, drastic...
News
Crude oil trend boosts heating oil prices
...prices. “Prices have soared due to recent world events – the weakened pound Sterling following the UK referendum result; and speculation that many major oil producers, in particular Russia, were...
News
September 14 update
...with another financial crisis and oil prices could plummet to below $50 per barrel. It has happened in the very recent past – in 1999 oil prices were $15 per...
News
Oil prices rise on OPEC+ deal extension
An agreement to extend the deal on record production cuts until the end of July which was reached at a virtual meeting of OPEC+ on 4 June, saw oil prices...
Market Report
Prices and predictions – what does 2025 have in store?
...own forecasts for 2024 oil prices. Our headline prediction in Jan ’24 was for oil prices to “trend sideways and stay in the $70-$80 per barrel mark”. Arguably this was...
Further Reading
News
Will summer fuel prices skyrocket in the UK?
...diesel and fuel prices further Using data from GlobalPetrolPrices.com, Speedy Fuels was able to compare the price of diesel globally and discovered a stark contrast in the price of the...
News
Thoughts on fuel prices – November in review
...in lower prices. It’s beginning to look a lot like…. Chaos in the oil markets 5th December could be a history defining day with regards to oil prices. On that...
Insight
Industry data: the latest update from the UKIFDA databank
...Temperature review Update on the diesel, gasoil and heating oil consumption to the end of March 2023. Update on prices of heating oil to the end of April 2023 Recent...
Analysis
What price oil? Q1 2025 in review
...7th March. All other biofuel premiums to ICE Gasoil rose sharply as Gasoil weakened. UCOME prices briefly came under pressure from low HBE ticket prices which reduced physical blending. On...
Opinion
Highs and lows of the oil price drop
...has been warned that 30,000 jobs in the gas and oil sector could be lost, with oil prices falling to their lowest in two decades. But, despite the global crash...
Opinion
Fuel price fears as OPEC+ cuts oil production
...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...
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...
News
February 2016 update
...would have sent prices sky-rocketing. But such is the current level of over-supply in the oil markets that prices only momentarily headed up, before continuing their relentless drive downwards. The...