PRESS RELEASES

Home Heat Support Scheme

. Communities Minister Gordon Lyons has announced the opening date for the Home Heating Oil Support Scheme. The £100 oil voucher scheme will open for applications from around 340,000 eligible households across Northern Ireland on September 9, 2026. The scheme will open for applications on September 9, 2026 and will close on March 31, 2027. Anyone…

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NIOF welcomes CMA report findings….

David Blevings, spokesperson for NIOF said, “this is good news for the local oil sector. We always knew the local market was competitive and it is great to see this confirmed by the CMA”. The CMA commented that “Overall, the evidence shows that the home heating oil market is typically competitive, with retail prices closely…

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Oil stocks low as demand increases ahead of winter says NIOF

David Blevings, spokesperson for NIOF said, “We have seen unprecedented demand for home heating oil during August as prices moved lower in the early part of the month and consumers sought to replenish stocks ahead of winter. However, this demand has outstripped supply and distributors are reporting low levels of stock currently. Distributors must forecast…

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“Oil price rise on geopolitical tensions”, says NIOF

The NI Oil Federation has advised that oil prices are rising on the back of global events.  David Blevings, spokesperson for the Federation said, “Unfortunately the instability and concern around the Trump decision to withdraw from the Iran deal has made traders nervous and is adding a premium to crude oil prices. In turn this…

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Middle East tensions push oil price higher

David Blevings from NIOF said, “We are seeing an increase in local fuel prices. This is a result of inflated crude and wholesale fuel prices due to the current round of sabre rattling in the Middle East. Any sign of discontent in this region is usually bad news for oil prices as the threat of…

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