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Interview

Value Oils: leader in online fuel distribution

...at competitive market prices. “Now trading under the registered brand name ‘ValueOils.com’, the company runs a successful, independent online home heating oil price comparison website across the whole UK. The...

News

Which? reports on heating oil prices

...oil users, the guide highlights a number of ways to keep the costs of heating oil down. The Which? news story and heating oil guide can be found at http://www.which.co.uk/energy/creating-an-energy-saving-home/guides/heating-oil/...
Portland Report August

Market Report

Prices and predictions: how are we faring?

...it has had in lowering consumer prices, because do remember that end-users buy refined products, rather than crude oil itself. So, in January, refineries were buying their crude at $76...
Ian Moore, of The Oil Market Journal, reviews the oil price in 2022.

Insight

What price oil? 2022 in review

...a key producer of several important commodities including oil, gas, and wheat, prices of these soared as supply chains were disrupted. The oil price was somewhat tempered by renewed Covid-19...

News

Oil – the cheapest of all major heating fuels

...expensive than LPG and 42% cheaper than electricity. A renewed appreciation of the benefits of oil Most experts agree that oil prices will remain low for some time and with...
OPEC+ agrees to continue with current output targets, despite market uncertainty

News

OPEC+ continues oil production cut in uncertain market

...into effect today, 5 December, in an already churning oil market. Speaking after yesterday’s OPEC+ meeting, Ann-Louise Hittle, vice president, Macro Oils, at Wood Mackenzie, said: “The decision by OPEC+...

News

Market intelligence – FREE trial offer

...Today it offers a broad range of oil and foreign exchange prices, news and analysis via a plethora of innovative systems. Fuel Oil News readers are now invited to experience...
Portland report image

Market Report

The eternal influence of black gold

...oil company) and, instead, is an operating tri-venture between Exxon Mobil (45%), Amerada Hess (30%) and China’s National Offshore Oil Corporation (25%). With little experience in negotiating oil concessions, Guyana’s...

Insight

Fuel prices – impacts and forecasts

...one worth looking in on from time to time in relation to fuel prices.  China’s demand tends to dominate fuel forecasts and so has a direct impact on oil production...

News

Could heating oil prices be frozen?

...rising demand for refined oil products. Indeed, the same report pointed out that the UK depends on imports for 44% of its heating oil requirements. A fact that vividly illustrates...

News

Dealing with price volatility

...oil trading centres in Londonand Rotterdamgives us a unique insight in to market thinking and oil intelligence.”  wwwfuelpricesonline.com The WP Group has used the service for over 10 years. Managing...