Oil products Archives - Ireland's Forecourt & Convenience Retailer https://forecourtretailer.com/tag/oil-products/ Ireland's Only Forecourt & Convenience Retailer Wed, 04 Aug 2021 16:30:39 +0000 en-GB hourly 1 https://wordpress.org/?v=6.5.2 https://forecourtretailer.com/wp-content/uploads/2021/03/cropped-IFCR-Site-Icon-32x32.png Oil products Archives - Ireland's Forecourt & Convenience Retailer https://forecourtretailer.com/tag/oil-products/ 32 32 94949456 Demand for oil products fell by almost a quarter last year https://forecourtretailer.com/demand-for-oil-products-fell-by-almost-a-quarter-last-year/ Wed, 04 Aug 2021 16:30:39 +0000 https://forecourtretailer.com/?p=18042 Demand for oil products fell by almost a quarter (23.4%) last year . The UKPIA Statistical Review contains information government departments, UKPIA members, and a

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Demand for oil products fell by almost a quarter (23.4%) last year .

The UKPIA Statistical Review contains information government departments, UKPIA members, and a range of other sources.  The report revealed that in 2020, demand for oil products fell by 23.4%. HMRC receipts from road fuel taxation fell by 20.8% from £37.3bn in 2019 to £29.5bn in 2020; andmore than 36,000 public EV charging connectors were available in the UK in 2020, an increase of 24% compared to 2019.

In the UK, the number of diesel-only cars decreased by 3% compared with a 0.7% decrease in the number of petrol-only cars. However, petrol- and diesel-only cars continue to dominate, making up 97% of the car parc.

The number of vehicles per forecourt decreased by 0.2% in 2020.

The Statistical Review clearly shows the impact of Covid-19 interventions in restricting people’s mobility resulted in a significant reduction of demand for downstream products.

 

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