News
Thoughts on fuel prices – November in review
...to the start of the year when it was trading above 1.30 but given that the UK is (definitely) in a recession it’s a positive. The Chinese influence Oil prices...
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Opinion
Call for 10,000 temporary visas to address driver crisis
...buyers.” Logistics UK is one of the UK’s leading business groups, representing logistics businesses which are vital to keeping the UK trading, and more than seven million people directly employed...
News
On the right route – Phillips 66
...with us for 50 years and we have branded distributors with over 40 years of trading history,” explained Pete. Ensuring customers are well-informed of the recent changes has already kept...
Opinion
Fuel price fears as OPEC+ cuts oil production
...to the end of 2023. A volatile market Walid Koudmani, chief market analyst at financial brokerage XTB comments: “WTI crude futures are trading around $88 per barrel on Thursday after...
News
Distributor diaries – latest updates from our fuel distributor community
...investigation was required. Misty Lane distributes fuel products predominantly in Co Kerry through trading entities Atlantic Oils and Geaney Oil via three depots. In November the CCPC assessment reached a...
News
TSA launches Careers Week campaign
...storage and energy infrastructure industry offers a wide range of career paths across various fields, including business, operations, engineering, safety, marketing, IT, supply and trading, and more. The new campaign...
News
Essar appoints Stein Ivar Bye as chief executive officer
...experienced executive leader in multicultural and international environments, Stein has an impressive track record in refinery operations, coupled with broad experience in supply and trading, strategy and planning and business...
News
Stanlow refinery moves closer to low carbon future as EET Fuels commissions hydrogen furnace
...Stanlow site is a move set to significantly reduce carbon emissions, enhancing fuel supply chain sustainability. A new era in low-carbon liquid fuel production EET Fuels, the trading name of...
News
Valero rebrand for three Ascona sites
...trading under the Texaco brand will be rebranded to Valero. The new branding will launch on the 26th October 2023 at Ascona’s Green Garage, Crossways and Tenby Road service stations,...
News
Essar agrees landmark aviation fuel supply deal with Liverpool airport
...The deal follows the news that Essar’s domestic sales volumes have risen to a new high since Covid restrictions were lifted, as announced in their quarterly operations and trading update...
Opinion
The billion barrel blow and why it may mean more pivoting in the fuel sector
...of the trading day to negative $37.63 by the close. Oil producers paid you to take it off their hands. As a direct result, at Tuffa Tanks we saw a...
News
Adler and Allan’s new brand
...so we wouldn’t just throw something away that is still usable.” Adler and Allan started trading as coal and coke merchants in London back in 1926 and since then, through...
News
WCF Fuels North West victorious at Red Rose Awards 2023
...encourage inter-trading across the country. We will certainly be back!’ Overwhelming passion The Judges were overwhelmed with the passion and commitment shown in the interviews and are looking forward to...
Interview
In conversation with Dave Walmsley: enthusiastic for NWF Fuels expansion
...trading environment every day, buying and selling fuel on a daily basis, as are all our competitors, and that’s extremely unusual. In my previous experience of distribution, the supply chain...
News
DCC to acquire Irish-owned fuel distributor
One of the leading fuel distribution companies in Ireland, and parent company of Certas Energy, DCC, has agreed to buy Jones Oil for an undisclosed sum. Trading in Ireland under...
Market Report
Prices and predictions – what does 2025 have in store?
...most notable of all, was the fact that the trading range of crude oil (i.e. the price high to the price low) stayed within its narrowest band in over 20...
News
Mabanaft appoints new management team
...strong years of trading, and a consistently solid P&L, Raphael has achieved his stated goal of refocusing Mabanaft Limited and achieving increased profitability through improved efficiencies in the supply chain....
Opinion
Crude falls below $100/bbl as OPEC+ increases output but for how long?
...crude oil stocks of 4.5 million barrels, had an immediate impact on the oil price with crude oil trading lower the morning after the OPEC+ agreement was announced. Falling below...