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...was virtually no movement in the oil price in this period. The same happened again in Q325 with the oil price starting July at $67.11 / bbl and finishing September...
...unlikely to have sold any physical oil at negative prices. The oil industry is already absorbing much of the short-term price shock by putting oil into storage, both on land...
...escalated, global oil markets reacted instantly. Shipping through the Strait of Hormuz – a critical oil transit route – was disrupted, tanker movements slowed and traders priced in supply risks....
...Fuel Oils told Fuel Oil News editor, Jane Hughes. One of the newest entrants into fuel oil distribution, Standard Fuel Oils is based in Merseyside. Twenty-eight year old Nick has...
...oil and there is a premium price to be paid for last minute deliveries!” Sue reflected: “We think that oil distributors would help, but the quicker you want your oil,...
In association with The Oil Market Journal With insight and data supplied by The Oil Market Journal, we focus on the movements of, and impacts on, Brent Crude prices over...
...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...
...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...
...demand, causing oil to fall to one year lows. Q2 Q2 started with a sharp rise in oil prices following OPEC’s surprise voluntary production cut towards to the end of...
...been supplying logistics optimisation solutions for the oil and gas sector for almost four decades. TouchStar’s specialist ATEX approved mobile computers are designed, manufactured and serviced in its Manchester office...
...to maintain these cuts came ahead of the planned start of two measures aimed at hitting Russia’s oil earnings and ability to continue funding its invasion of Ukraine. A boycott...
...report series from the Oil and Gas Transitions (OGT) initiative. Long a strategically important reservoir for oil and gas, the North Sea is now a pivotal ground zero for net...
...oil fields like Cambo, says Katy Heidenreich, operations director at Oil & Gas UK (OGUK) who shares her thoughts with us: “Shell’s decision to suspend its involvement in Cambo, the...
...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...
...Kerosene: This product heralded the age of the oil industry in the late 19th century when it was sold as lamp oil. The balance of probability is that its use...
...the Greenstar oil boiler range has also obtained Which Best Buy status, the only oil boiler range on the market to achieve this. Homeowners and heating engineers rated the Greenstar...
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...
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 –...
