Market Report
Market & Supply 31
Wholesale Price Movements & Price Totem
Wholesale Price Movements & Price Totem | Jul 2020
News
Launch of CODAS Fleet will help reduce transport costs
CODAS has launched CODAS Fleet, its flagship mapping and routing solution, bringing automated, optimised, entire fleet scheduling to CODAS, dramatically simplifying the route planning process, ...
News
A revolutionary launch from Magnus Monitors
Galway-headquartered Magnus has introduced its first product to the oil and lubricants industry – a truly wireless, battery-driven, radar technology-based oil level monitor that can be ...
Opinion
Preparing for a new oil world
Boris Ivanov, founder of GPB Global Resources discusses how the fuel oil industry can begin to prepare for the new oil world. With BP cutting 10,000 jobs and further gloomy job losses across the energy, manufacturing and travel industries, it’s clear COVID-19 is having a profound impact on the cornerstone industries of our economy.
Opinion
UKIFDA encourages homeowners to start biofuel transition
In a campaign launched by UKIFDA the 2.18m households who use oil across the UK and the Republic of Ireland, are being advised on a transition plan to decarbonise the heating in their homes through the use of biofuels.
News
Morris Lubricants to invest £1.6 million
Shrewsbury-based Morris Lubricants, which celebrated its 150th birthday last December, has received the green light from its board to invest £1.6m in two major projects ...
News
Sister company EL Oils strengthens family business Halso Fuels
With a brand-new website and the introduction of a sister company, Halso UK Fuels Ltd continues its exciting journey from modest beginnings to ...
News
Oil prices rise on OPEC+ deal extension
An agreement to extend the deal on record production cuts until the end of July which was reached at a virtual meeting of OPEC+ on 4 ...
News
Fuel supplier completes MBO during lockdown
In planning prior to the Coronavirus lockdown, North Yorkshire-based independent fuel oil supplier, Kettlewell Fuels has now completed a management buyout (MBO) by its senior ...
News
Crown Oil adds to its fleet
The latest addition to the Crown Oil tanker fleet is ready to deliver HVO across the UK.
The 8-wheeler DAF tanker joined Crown Oil’s ...
News
Free face covers for customers
Recent changes to Government advice on the use of face covers mean it is now recommended that individuals cover their faces when out in public ...
Opinion
Highs and lows of the oil price drop
The dramatic fall in oil prices in April 2020 will go down in history, and whilst it was bad news for the industry, it provided welcome financial relief to households fuelled by heating oil. As the first wave of
Wholesale Price Movements & Price Totem
Wholesale Price Movements & Price Totem | Jun 2020
Market Report
Portland Market Report | Jun 2020
Opinion
New UK Global Tariff gets positive response
The UK government has marked a key step on the road to an independent UK international trade policy, by announcing the UK’s new MFN tariff regime, the UK Global Tariff (UKGT) on 19 May.
News
UKIFDA support for E10 fuel proposals
UKIFDA has submitted its views on the Government’s consultation on the introduction of E10 petrol at filling stations across the UK which closed on 3 ...
News
Standard approval to counter skills shortage
FTA, the business organisation representing the logistics sector, has learned this month that the long-awaited LGD Driver Apprenticeship Standard for Cat C+E licences, is ...
News
Hand sanitiser spark risk warning
With many companies reconfiguring production lines, or starting up new ones, to increase the supply of hand sanitiser in response to the current pandemic, companies ...
Opinion
Solving the industry recruitment challenge
Industries across the world are experiencing a coronavirus paralysis. Even the oil industry, which for many has been able to continue in relatively normal terms
News
Key annual industry event cancelled for 2020
Organiser of UKIFDA EXPO 2020, the UK and Ireland Fuel Distributors Association (UKIFDA) has taken the decision to cancel the 2020 exhibition due to take place on 18 &...
News
Certas Energy launches support platform
Certas Energy is supporting forecourt retailers with the launch of a new online resource that offers free access to personal wellbeing tools, learning courses and ...
News
Essar thanks NHS staff with fuel discount
Joining forces with its retail dealers to show appreciation to our front-line NHS heroes, Essar is supporting them with 10p per litre discount off their ...
News
Training boost for UK energy sector
In a move that could be viewed as a bellwether for the UK’s energy sector, leading training centres Survivex, in Aberdeen, and AIS Training, ...