Prices – continue to be on the increase over the last 7 days. Please call the Office for daily updated prices. Prices are usually received from all the suppliers by 10.30am.
Average Gas Oil prices from Orion’s main two Fuel Suppliers over a 5 working day window from a Wednesday to Tuesday inclusive:
W/c Weds 2nd September – 106.80ppl
W/c Weds 9th September – 110.94ppl
Delivery Lead Times continue to be good - 3 to 5 working days, dependant on the Supplier and the area they cover. These lead times will start to increase as the Autumn/Winter Kero business starts to take off.
Kerosene – May be time to take a check on your Kero Tanks for any requirements with the Autumn approaching.
For electricity enquiries please contact Stuart in the office or email – stuart@ofg.org.ukfor any other enquiries please visit our CONTACT page
Fuel markets remain under significant pressure, despite some easing in crude prices today.
Brent crude is trading around $104 per barrel, easing as Saudi supply concerns reduce, but prices remain elevated amid continued Middle East disruption.
Diesel remains particularly tight, with European gasoil and US diesel futures hitting record highs as refinery and infrastructure disruption restricts supply.
Sterling is trading around $1.34, slightly weaker against the dollar, offering UK buyers little protection from the continued strength in oil and refined fuel prices.
written by Phil Shirley
Please note that any opinions expressed in this update are sources from market information / analysis and do not represent views of Orion Farming Group. Orion Farming Group accepts no responsibility for any Member decisions made on the basis of information provided in the weekly fuel update.
