Interview
Value Oils: leader in online fuel distribution
...Oils? “There are many benefits for suppliers selling oil through our website, including: • They are in complete control of the pricing and delivery windows they offer and can easily...
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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,...
News
Distributor diaries March 23: updates from our distributor community
...Read the full story here Tate Oil Team are Total Warriors again! A group from Tate Oil are clearly gluttons for punishment, having signed up for the Total Warrior 2023...
Interview
The downstream customer
...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,...
Market Report
Venezuela: Why the market doesn’t share Trump’s enthusiasm.
...its knees by cronyism and anti-American politics. The assets of private US oil companies had been forcibly taken over by the corrupt state oil company PDVSA and production had plummeted....
Market Report
Volatile grounds: How geopolitical crises shape oil price fluctuations
...per barrel. It was at this point though, that the big hedge-funds re-entered the market and bought swathes of oil futures. This obviously supported the oil price against further falls...
Analysis
Prax – a fast track wholesaler
...of automotive and industrial fuels in the UK Prax is owned by The State Oil Group which operates 22 service stations and employs over 100 staff in the Midlands and...
News
Why Canada’s environmental zealot will happily leverage the country’s oil to avoid financial havoc
...is only too aware of just how important this oil region is to the Canadian economy. Alberta’s oil sand deposits alone, represent the world’s third largest crude reserves and the...
News
A lubricants package that delivers
...staff training. “For the first time in over 7 years of wholesaling other brand engine oils we can finally see profits in small pack engine oil. Previously our oil brands...
News
Simon – investing in our infrastructure
...since shipping moved from coal to oil. Government sponsored Navy oiling stations around the world provided physical impetus for the change from coal to oil burning ships of the line...
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...
Opinion
Home heating policies are impacting voting intentions in key rural constituencies
...of switching to a renewable liquid fuel. Over 1,000 voters on oil heating were surveyed across 15 seats including those of Prime Minister Rishi Sunak (Richmond), Secretary of State for...
Interview
Why are new UK oil fields essential to a sustainable future?
...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...
Insight
The UK energy sector: What is the direction of travel?
...change from the Conservative commitment to keeping the oil and gas windfall tax they introduced as well as the allowances that incentivise investment in North Sea oil and gas. The...
News
Future energy – a vital topic
...Business School; Fuel Oil News listened to her perspective on the energy markets Oil and gas – mispricing risk Although disagreeing with the peak oil theory, Vivienne sees oil’s role...
Market Report
The increasing impact of China’s economy on global oil demand
...driver of oil demand growth over the last 20 years. Oil markets have become so reliant on China’s seemingly endless growth The slowdown in global oil consumption is largely the...
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
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...