The cold blast sweeping through Europe has helped send European natural gas prices to fresh two-year highs. This in turn has accelerated a gas-to-oil switching dynamic that has seen Low Sulphur Gas Oil (LSGO) cracks rebound. LSGO futures rose by …
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Sign up to the Cold Weather Priority Scheme
UKIFDA has today issued a press release to remind eligible consumers to sign up to the Cold Weather Priority Scheme this winter. The free-to-register scheme ensures that those most vulnerable to the effects of cold weather receive priority service during …
Read MoreBe Winter Wise Campaign
UKIFDA & OFTEC have today launched their Be Winter Wise campaign – a five-point plan to help heating oil users plan ahead for winter 2023-2024. Be Winter Wise The campaign which is being launched via press & media channels aims to …
Read MoreOil rises for 6th straight week as global supplies tighten
Summary WTI crude up 20% in past six weeks, Brent up 17% Saudi, Russia pledge output cuts ahead of OPEC+ meeting OPEC+ meeting yields no changes to policy Brent likely to be in $85-$90/bbl range over coming months – UBS …
Read MoreChange in £200 Domestic Alternative Fuel Payment Terms
The government today has extended the receipt window for those heating oil customers wishing to apply through the government portal for their £200 domestic alternative fuel payment. The previous window was from September 2022 to May 2023. This window has …
Read MoreReminding all businesses off the gas grid that use alternative fuels to apply for their alternative fuel payments (AFP)
Last week the government launched the Non-Domestic Alternative Fuel Payment portal for companies that have not yet received their £150 AFP payment. In addition, companies that use over 10,000 litres can claim top-up payments of up to £5,800. Further details …
Read MoreGovernment launches Alternative Fuel Payment portal for non-domestic users.
UKIFDA notes that the government has launched the portal for non-domestic alternative fuel users that are based off the gas grid and use kerosene in their businesses. This will allow companies to apply for the £150 alternative fuel payment that …
Read MoreSodbury Fuels: Christmas, community and charity
Based in Chipping Sodbury, and covering South Gloucestershire, Gloucester, Somerset, and Wiltshire, Sodbury Fuels formed in 2014 when Andy Welch partnered with Mark Nolan, of Nolan Oils, to form a new fuel distribution business. The business has been a huge …
Read MoreGovernment payment to heating oil users will be made via electricity companies
UKIFDA, the trade body for the liquid fuel distribution industry, notes the government announcement this morning confirming that the £100 fixed payment to heating oil users will be made via electricity companies. Through multiple discussions with the government, it became …
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