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...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...
...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...
...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...
As global markets react to the Iran crisis, kerosene prices have risen far faster than crude. We examine why heating oil has become the most volatile part of the fuel...
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...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...
...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...
...prices (the price at which the market closed on a specific day) that reflect product trading in Northwest Europe. As demonstrated all too well by recent global events, prices can...
...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)...
Heating oil prices have surged in recent weeks, as global oil markets react to escalating conflict in the Middle East. But while crude oil prices have risen sharply, kerosene –...
...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
...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...
...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...
...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...
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...
...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...
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...
...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...
...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...
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