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Fuel Prices: Implications for how you manage your vehicle fleet

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Oil prices continue to show significant volatility driven by a host of macro-economic factors influencing both supply and demand in the global economy.

This has implications for fuel prices at the pump and how organisations running vehicle fleets respond to the potential for cost uncertainty or increased costs.

This is important as typically fuel costs can make up anywhere between 15%-30% of total fleet
running costs.

This paper provides best practice advice around what organisations with UK based vehicle fleets can do to mitigate this potential exposure.

Click Here to read the white paper

 

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fleet poll

How is fuel purchased at your company?

We issue drivers with a weekly fixed price fuel card: 10.5 %

We issue drivers with a pump price fuel card: 28.9 %

We do fuel hedging (fixing the price of fuel for up to a year): 7.9 %

We use Platts pricing: 7.9 %

We have a pay and reclaim system: 36.8 %

We have fuel bunkers at our site(s) : 7.9 %

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