News
Spring statement sees ‘biggest ever’ cut to fuel duty
...vehicles around 6p. It comes as fuel prices continue to soar across the UK. On Tuesday, the average cost of a litre of petrol at UK forecourts was 167.3p, which...
search | oil-prices
News
Essar expands brand and secures retailer’s fuel supply with new contract
...on the site. Leveraging competitive prices As one of only six refineries in the UK, Essar is able to leverage its manufacturing strengths to provide quality products at value prices...
Opinion
Fuel prices trigger Santa’s cost of delivering crisis
2022 has seen unprecedented fuel prices which have added pressure to supply chains already creaking at the seams from Brexit and driver shortages. The fuel duty cut announced in March...
Analysis
Mabanaft – An “innovative approach” in a tough environment
...re-organisation and disinvestment has resulted, not least in refining and marketing in the UK,” said marketing manager, Stephen Rhodes. Increased wholesale prices “Downstream fuel prices remain high, with governments looking...
Interview
A Day in the Life…George Brinkworth of Ford Fuels
...stock prices and external factors which could influence the market. From here, I set base prices for the fuel products across the group. Throughout the day, I undertake general account...
News
A low carbon economy by 2050?
The UK’s sensitivity to oil and gas price shocks could be reduced by using low-carbon forms of electricity generation, claims energy secretary, Edward Davey. By 2050, the negative impact that...
Interview
Fuelling the future: The voice of the next generation
...Community Content Lead at Fuel Oil News, spoke with Luke Nolan, Sales Manager at Nolan Oils and Emma Osborn-Wilkes, Managing Director at Halso Fuels UK and EL-Oils to discuss how...
Interview
TEC: driving forward through innovation
...also developed two new oil reeling hoses specifically for the oil distribution industry – TECOIL and FUELTEC. FUELTEC is now a market leader and TECOIL entered the market in mid-2022...
News
Showcasing oil heating’s future
...behind the show Facilitating the way into this evolving marketplace is the Oil & Renewable Energy Show. Organised by A&D Publishing – publishers of Fuel Oil News, Oil Installer,...
News
A feeling of insecurity?
...oil, gas and coal exporter to Europe. In the oil industry, EU-Russia cooperation has been growing over recent years with European companies active in Russian exploration and production, while Russian...
News
Waste oil – where are we in 2011
...on waste producers. While all oil streams will at sometime incur a waste, in general, our reference to waste oil is essentially that of used lubricating oils, for example engine...
Insight
Compulsory oil stocking obligations: a UK update
...international requirements to maintain the requisite minimum levels of oil stocks to mitigate any supply crisis. These were: EU obligations Under EU Oil Stocking Directive 2009/119/EC, members are required to...
News
Will YOUR customers “buy oil early” for winter?
Heating oil consumers across the UK are being urged to change their energy habits and order heating oil early before the winter weather arrives. The FPS (Federation of Petroleum Suppliers)...
Interview
The battle to offer a competitive product
...Top Oil has invested in its Dublin terminal Tackling low margins Outlining how consumer spending has changed, Martin said heating oil order sizes had reduced to 500 litres and even...
Insight
What are the issues causing uncertainty in the oil and gas sector?
...Russia by other global powers caused a notable surge in the price of WTI crude oil to $133.46 (£106.89) per barrel and Brent crude oil to $139.10 (£111.43) per barrel,...
News
FPS warns of the dangers of making early technology decisions for heating
...early technology decisions and also in only concentrating on a small section of oil-fired homes when industry innovation can help all oil-fired homes.” “We have in the UK set up...
Opinion
The oil market continues its cautious rally but more uncertainty lies ahead
...supply side the two burning questions will be the ability of Saudi Arabia to continue to marshal cut-compliance if oil prices continue to rise, as well as the ability of...
Interview
Doherty Oils – fail to plan, plan to fail
...wild locations “This year, we’re getting better prepared,” says Patrick Doherty, director of Doherty Oils which operates a fleet of five oil delivery tankers, distributing fuel throughout the Tyrone and...