Prices – Have fluctuated but in general have been upwards 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 below from Orion’s main two Fuel Suppliers over a 5 working day window from a Wednesday to Tuesday inclusive:
W/c Weds 9th September – 110.94ppl
W/C Weds 16th September – 116.99ppl
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 have moved sharply higher again this week as Middle East uncertainty continues.
Brent crude is trading around $105 per barrel, up more than 2% today as US-Iran talks show little sign of an immediate breakthrough and supply concerns remain.
Diesel markets remain exceptionally tight, with global prices still at historically high levels. Uncertainty around US diesel exports is adding further volatility to an already constrained market.
Sterling has weakened further to around $1.32, reducing the protection for UK buyers against high dollar-priced crude and refined fuel costs.
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.
