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Oil prices

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...

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...

More search | oil-prices

biodiesel pump image on green background

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ESL Fuels Biofuel Market Update – Q3 2025

...began. Prices then remained flat through much of July, on a lack of trading activity, before trending upwards in August, as feedstock prices began to rise. Biodiesel prices peaked in...

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...
Biodiesel pump

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ESL Fuels Biofuel Market Update – Q2 2025

...trade uncertainty led to reduced demand forecasts with concerns of economic slowdown, weighing on both feedstock and finished product prices. UCO prices declined to a quarter low of $1,045/mt (68ppl)...
Biodiesel pump

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ESL Fuels Biofuel Market Update – Q4 2025

...investigation. Domestic consumption also eased as local suppliers increasingly relied on buying RTFCs to meet blend obligations. In November, biodiesel prices remained under pressure from falling Low Sulphur Gasoil futures,...

Further Reading

OPEC+ agrees to continue with current output targets, despite market uncertainty

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

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...
Graph of Q2 2025 oil prices

Analysis

What price oil? Q2 2025 in review

In association with The Oil Market Journal. A quarterly review of the movements of, and impacts on, brent crude and HVO diesel prices. With data supplied by the Oil Market...

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...
OIl refinery in sunset

Analysis

What price oil? Q3 2025 in review

In association with The Oil Market Journal A quarterly review of the movements of, and impacts on, brent crude and HVO diesel prices. With data supplied by the Oil Market...
Biodiesel pump

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ESL Fuels Biofuel Market Update – Q1 2025

...supply and easing prices. Exchange rates will also play a part, as oil and refined products are traded globally in USD. GBP gained 6 cents on USD during Q1, reducing...