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Weekly Fuel Update
18th May 2022

Prices still withheld by some suppliers, lead times continue to improve

  • Prices: Four suppliers are now back to price on day of order, other suppliers are still charging the price on the day of delivery and those who provide a price on the day of order are charging a risk premium. Global market prices remain high and volatile.

  • Invoice prices: Average invoice prices for Orion Members for 13/5/22 and 14/5/22 were Gas Oil =105.30 , and Kero = 94.95, all ex. VAT.

  • Lead times: please note that the market volatility has led to a significant increase in demand. Additionally, around 20% of UK diesel is sourced from Russia and trade embargoes are creating additional supply pressure for this fuel type; this has led certain suppliers having to increase lead times Up to 5 working days from order.

  • Calor LPG: given the extreme market volatilities that we are experiencing, please note that the Group’s LPG price will be reviewed on a monthly basis by Calor and further increases are likely. Current cost as of 1st May is 54.00ppl + VAT.

  • AdBlue: Prices decreased at the start of this week but are still subject to regular change, please call the office for current rates.

  • AdBlue: IBC’s are available free of charge, collection from Stratford Upon Avon. Please speak to John directly at the Office for further information.

  • Extra Storage: With the Harvest approaching & the possibility of the continuing concern of supply issues/shortages it may be worth considering putting in extra tanks/larger tanks for additional storage.

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For more information:

www.ofg.org.uk

Barley Fields
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