Prices – continue to fluctuate daily , the general average trend overall over the last 7 days is downward . However there has been a sharp increase in prices today (Wednesday 2nd September) 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 19th August – 100.17ppl
W/c Weds 26th August – 97.61ppl
Delivery Lead Times continue to be good - 3 to 5 working days, dependant on the Supplier and the area they cover.
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 turned sharply upwards this week.
Brent crude reached $94.65 per barrel on Tuesday, rising by more than $4 in one session as renewed US-Iran fighting increased concerns over Middle Eastern supplies.
Diesel markets remain particularly tight, with US diesel futures reaching their highest level in more than four years.
Sterling has also weakened to around $1.35, offering UK fuel buyers less protection against dollar-priced oil.
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.
