Market & Supply 18

Opinion

Warning over red diesel price hike

Government is being urged to rethink plans to hit businesses with a massive hike in fuel tax in the move to end the rebate on red diesel that will come into effect just days after the Chancellor cut fuel duty by 5p a litre.

News

Spring statement sees ‘biggest ever’ cut to fuel duty

Unveiling his spring statement in the Commons, Chancellor Rishi Sunak has announced a cut of 5p a litre to fuel duty effective from midnight tonight until March 2023 in a bid to ease the cost-of-living crisis.

Interview

In profile with David Wells of Logistics UK

In profile with David Wells, the chief executive of business group Logistics UK, who was awarded an OBE in the recent New Year’s Honours List for his services to transport and logistics.

News

Oil and gas apprenticeship scheme open for applications

Recruitment for the 2022 Oil and Gas Technical Apprenticeship Programme (OGTAP) managed by OPITO and the ECITB to create a sustainable pipeline of skilled and competent technicians, is open.

Opinion

We’ll meet again: oil to gas price gap shrinking rapidly

With the spread between natural gas and oil contracting rapidly, Bjarne Schieldrop, chief commodities analyst at SEB, thinks a bullish tailwind for oil is at risk and oil and gas prices will reach parity.

Interview

Merridale options for converting your red diesel storage facility

Continuing our series looking at the implications of the changes to red diesel entitlement we speak with Merridale, a leading service provider to the fleet industry regarding options available to fleet operators who need to convert existing red diesel storage facilities.

Knowledge

HGV Driver Shortage – Protecting Your Reputation

With the HGV shortage, it is more important than ever to be aware of the risks associated with hiring new drivers as a rogue driver can very quickly destroy your reputation. When recruiting, it is, therefore, vital to consider how the right decision-making process can help to reduce the costs and risks that a new driver could generate.

Market Report

What price oil in 2022? | Feb 2022

Portland Fuel makes its predictions for oil pricing in 2022, anticipating an increase in the price of oil.

News

Oil price at seven-year high amid supply concerns

Oil prices reach 7-year highs with the Ukraine crisis, winter storms, tight supply and reduced crude oil inventories adding to concerns over supply disruptions. Both Brent and WTI hitting seven-year highs.