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News

February 2016 update

...of the crude oil sold around the world. The vast majority of crude oil is sold at a discount to these two grades. So when we talk about $20 a...

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

New RTN parts website keeps tankers running

...rapid growth followed. By 1993 the company was building over 80 new road tankers a year and RTN is now the UK’s leading tanker manufacturer, making over 450 tankers a...
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...

Opinion

OMJ anticipates oil market movements

Amidst a global lockdown resulting in less and less demand for oil, the oil market has been in turmoil. Ian Moore, director of the Oil Market Journal (OMJ) shares his...

Insight

No easy decisions at Whitegate

...collaboration with Northern Ireland, the government should develop a set of contingency measures to ensure that risks to oil supplies at any one node in the oil supply system can...
A look back over the highlights and challenges that 2022 brought to the tanker market and some thoughts on what lies ahead for those in tanker manufacturing.

Analysis

In review: the 2022 tanker market

A look back over the highlights and challenges that 2022 brought to the tanker market and some thoughts on what lies ahead for those in tanker manufacturing. A challenging year...

Opinion

New UK oil essential for low carbon future

...oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK). Katy shares her thoughts with us: “Shell’s decision to suspend its involvement in Cambo, the...

Interview

Donegal distributor gets lucky

...depot. If oil exploration develops further off the west coast of Ireland – something largely determined by global oil prices – Arthur is hopeful there will be a beneficial knock-on...

News

The shipping news

...High Sulphur Fuel Oil LSFO – Low Sulphur Fuel Oil LSMGO – Low Sulphur Marine Gas Oil IFO – Intermediate Fuel Oil ECUK – East Coast UK ECA – Emission...
tank storage bulk storage image

Analysis

Energy Resilience – Is the UK facing a crisis?

...had 6 operating oil refineries, all under all or part foreign ownership, other than the Prax Group owned Lindsey Oil refinery based on Humberside. As of today, only five remain,...

Opinion

Fuel price fears as OPEC+ cuts oil production

...recession have caused oil prices to drop dramatically from $120 three months ago to around $90 and the cut in supplies could trigger a recovery. Off the back of the...

News

Oil price at seven-year high amid supply concerns

The oil price has hit a seven-year high with geopolitical tensions and a winter storm in the United States adding to concerns over supply disruptions. With supplies already tight, and...
Claudia Weeks talks to Simon van Lonkhuyzen, Managing Director at TEC.

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...