Why Portland
Our credentials
Stability from Volatility
Portland excels with over 15 years of experience in the fuel industry, providing comprehensive and innovative solutions tailored to your specific needs. We offer a diverse range of services, including fixed price fuel, carbon reduction strategies, and market analysis, designed to help you effectively navigate the complexities of the fuel market.
Here are some of the reasons why you should consider working with us:
Our team has always been made up of professionals who have bought, sold, transported and stored fuel for all of their careers. We not only understand this industry in detail but are passionate about it.
Uniquely, we are able to offer long-term fixed prices on small to medium-sized fuel volumes. Previously, the ability to lock in a price was the preserve of only the very largest fuel purchasers. We have democratized the fixed price offer.
Conversely, we have worked with some of the world’s largest transportation companies, gas station operators and public transit organizations, as well as governments and city municipalities. We are trusted to deliver.
We are a member of the Private Motor Truck Council of Canada (PMTC) and Ontario Public Transit Association (OPTA). These respected organizations trust in our ability to serve them and their members.
We have a proud history of recruiting graduates and school leavers, providing them with a broad experience of our business and enabling them to become dedicated industry specialists.
We never over-promise nor under-deliver. We believe in keeping things simple in our quest to always create stability from volatility.
about us
Our History
Portland was set up in 2009 by James Spencer, who joined the energy sector straight from Cambridge University in 1994. The business started as a specialized hedging provider (The Fuel Trading Company Ltd), offering budgetary certainty to companies with an exposure to movements in the price of fuel.
Our energy market presence increased throughout the following decade and beyond with the incorporation of three more UK companies – Portland Analytics, Portland CSO and Portland Fuel, plus the purchase of UK Diesel Exhaust Fluid producer Noxdown Ltd. In 2019, we opened our office in Hamilton, Ontario, offering diesel hedging, expert advisory services and a carbon compensation service.
With each company came a wider service offering, growing our capability naturally as Portland has become more deeply connected with our clients’ businesses. We are proud that we still count many of our original customers as long-term partners to this day, and that we have been able to recruit so many more along the way.
friendly and knowledgeable
Meet the Team
Meet the dedicated professionals behind Portland’s industry-leading fuel management solutions. Our team combines decades of fuel industry expertise and a commitment to exceptional service and innovative strategies tailored to your needs.
Market Knowledge
Explore Our Monthly Energy Market Reports
September
2026
Whilst the attention of the world has been drawn to the ongoing crisis in the Middle East, the plight of Cuba has been somewhat sidelined.
August
2026
Last month we looked at conventional jet fuel and considered why this grade of fuel was so susceptible to price volatility. At the end of
July
2026
Now that the USA and Iran are re-engaged in their on/off conflict, we can expect one grade of fuel to make a quick return to
June
2026
At the half-way point of the year, we can say with some confidence that our annual price predictions are going to be way off! Back
May
2026
In all the noise and chaos that is surrounding the ongoing crisis in the Middle East, the decision by the United Arab Emirates (UAE) to
April
2026
In truth, it is nigh-on impossible to write a coherent oil market report at the present time. Markets up by 13 pence per litre (ppl)
March
2026
For as long as oil in the Middle East has been produced, observers have agonised over the Strait of Hormuz. What would the impact be
February
2026
Way back in 2013, we wrote a report about Venezuela and its collapsing oil industry; Oil Market Report 03/13 – Portland Fuel. In that report
January
2026
“At the same time that the global economy weakens, the flood-gates for US oil and gas production will be opened, further compounding the over-supply situation.
November
2025
One year ago, the USA voted in Donald Trump as its 47th President and with his election came a raft of promises around (what might
October
2025
Do Turkeys ever vote for Christmas? Well, in the case of The Organisation of Petroleum Exporting Countries (OPEC), that might well be the case! Having
September
2025
In an election that was largely ignored by the rest of the world (because of their much noisier neighbours to the North), Mexico’s Claudia Sheinbaum
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Download your free copy of our brochure and discover how Portland can optimise your fuel management strategies.














