Prices – continue to fluctuate daily , the general average trend overall over the last 7 days is upward . 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 26th August – 97.61ppl
W/c Weds 2nd September – 106.80ppl
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 pushed higher again this week.
Brent crude has broken above $100 per barrel, its highest level since July, as escalating US-Iran tensions and attacks on Middle Eastern energy infrastructure increase concerns over global supply.
Diesel remains under pressure as tight supply and higher crude costs feed through into refined fuel markets, keeping UK diesel prices elevated.
Sterling is trading around $1.35, slightly stronger than last week, but the scale of the oil price rise means UK fuel buyers are still facing significant upward pressure.
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.
