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Trade body, NIOF, confirms NI oil stocks are low due to unexpectedly high demand

News

NI oil stocks low due to unexpectedly high demand

...sought to replenish stocks ahead of winter. However, this demand has outstripped supply and distributors are reporting low levels of stock currently. “Distributors must forecast expected demand months in advance...
Rory Clarke MD of J.R. Rix Sons Ltd

News

Success despite oil demand & price slump

...slump in demand for petroleum products during lockdown, as well as an accompanying fall in oil prices, resulted in a 22 per cent drop in Group turnover, down from £509.3m...
Technology advancements supporting the sector

Analysis

Future market demands for tank level monitoring

...continue to explore the evolving landscape of tank level monitoring, it is clear there is a growing demand for innovative solutions that cater to the unique needs of customers. Talking...

News

BP to cut 10,000 jobs as virus hits demand for oil

BP has announced plans to cut 10,000 jobs worldwide following the global slump in demand for oil. Having paused redundancies during the peak of the pandemic the CEO of the...
Crown Oil has acquired a site in Pilsworth

News

Green fuel demand sees Crown Oil expand

Rocketing customer demand for alternative cleaner fuels sees Crown Oil expand with investment in a new site. The Bury-based business, part of the £420m-turnover Crown Oil family of companies, has...