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The Main Uses of Red Diesel

30th June 2016 by Andrew | 1 comment

Sometimes, there is some confusion about red diesel fuel and regular automotive white diesel fuel. In terms of chemical make-up, there is no difference at all apart from the fact that red dye has been added in order to determine which diesel is being used. When purchasing, red diesel is also a lot cheaper than normal diesel and is intended to be used in vehicles in the agricultural and constructio… Read more

How will the UK Brexit vote affect UK heating oil prices?

27th June 2016 by Andrew | write a comment

On Thursday 23rd June 2016, the UK voted to leave the EU in an historic referendum. The result came as a shock to many, and the stock and currency markets were no different, having bet on the UK voting to remain as a member of the EU. In the week leading up to the referendum, heating oil prices were fairly flat, while sterling strengthened significantly vs the US$. If you are planning your fue… Read more

Red Diesel Prices Low Due to Oversupply

21st June 2016 by Andrew | write a comment

Following a pre-Budget rise of up to four pence per litre on widespread anticipation of an increase in duty, oversupply is currently keeping the price of red diesel fuel in a narrow range. However, with daily movements of up to one penny per litre, the market is currently described as being spiky. In the past two weeks, this has put typical deliveries of red diesel to farms at around 35-38 pence p… Read more

Heating Oil Is The Cheapest Way To Heat Your Home

1st June 2016 by Andrew | 1 comment

Great news for heating oil users as reported by the Fuel Oil News New industry figures show that despite a slow increase in heating oil prices since the start of 2016, the average annual cost of heating a home on oil has fallen again. According to the latest quarterly data from the Sutherland Tables oil remains by far the cheapest of all major home heating fuels.  Although the sustained fall in … Read more