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Insight

The changing world of the oil trader

...Total, etc. These vertically integrated international oil companies (IOCs) have been joined by state owned concerns, or national oil companies ( NOCd )- names such as Aramco, Kuwait Petroleum, IPC,...

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...

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...
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...

Insight

Downstream Norway: Leading the way in decarbonisation

...cover these requirements, leaving a modest surplus across all grades. Stockholding obligations Norway imposes emergency stockholding obligations on oil importers and oil producers who imported quantities of oil equal to,...
Touchstar geofencing

Review

Software: latest industry innovations

...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...

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...

News

Portland Market Report – oil prices

...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...

News

Vintage year of success for Millers Oils

...power increases up to 5.6 percent, and when the nanotechnology oil was tested against a competitor’s oil, Nanodrive recorded 33% lower friction. Application of the technology to road car oils...
OMJ price reveiw

Analysis

What price oil? Q1 2025 in review

...prices since September. Biofuels Biofuels got off to a poor start, dragged by ICE Gasoil. However, prices soon found support as on 9th January the EU formally adopted the Anti-Dumping...

Analysis

A deep dive into fuel distribution industry data

...solar and heat pumps. The census shows that the number of oil-heated homes has dropped 3% since the last census. It is likely that many oil-heated homes are in the...

Insight

What price oil? 2022 in review

Ian Moore, founder and managing director of The Oil Market Journal, takes us through the year, highlighting the main impacts affecting the oil price in 2022. Contained within this article...