The commercial fuel market is complex and combined with price fluctuations due to outside factors such as the COVID-19 pandemic, explains Paul Holland, managing director for UK Fuel at Fleetcor.
The Esso Card fuel card from WEX Europe Services has become the first product to be offered under fleet management software company FleetCheck’s affinity programme.
Petrol and diesel prices rose in August for the third consecutive month, but do not appear to be heading back to pre-pandemic levels, says RAC Fuel Watch.
FairFuelUK, backed by the Road Haulage Association (RHA) and Logistics UK (FTA), has said it will “fight tooth and nail” against rumoured plans to raise fuel duty.
Global fuel company Shell has launched Shell Telematics, an integrated fleet management solution and its first move into the UK fleet telematics space.
TMC buys Vertivia Holdings for an undisclosed sum, making it one of the biggest mileage capture and fuel data management companies in the UK.
Retailers should be reducing their pump prices slightly in the next week or two, says RAC.
The Government is being urged to overhaul motoring taxation and replace it with road pricing as part of its plans for a ‘green’ recovery.
HMRC has included details on how official mileage reimbursement rates for company car drivers – so-called advisory fuel rates (AFRs) – are calculated.
The new fuel management solution for fleets combines Shell’s network of more than 3,800 filling stations with TMC’s technology and fuel management service.
The record fall in fuel prices seen during the coronavirus pandemic ended in June, with diesel up almost 3p per litre in the month.
Fleet and business new car registrations show signs of recovery, but private demand is far greater, new figures from SMMT show.
Company car drivers, who have their fuel paid for by their employer, could be in line for a tax refund, according to RSM Employer Solutions.
New petrol, diesel and hybrid cars are, on average, 5.4% less efficient than their official WLTP fuel consumption figures suggest, according to new research by What Car?.
By Leon Rooke, commercial sales manager at Centrica Business Solutions
Tesco, Morrisons and Asda – are all selling unleaded for around £1 per litre, while the cheapest diesel can be found for 104.7ppl at Asda and Morrisons.
The Government figures reveal that there are 111,000 fewer diesel cars on the roads.
A litre of petrol now costs less than £1 after three of the UK’s major supermarkets cut pump prices.
The average price of diesel fell nearly 3 pence from 117.5p to 114.54p per litre, last month.
The price of US oil has turned negative for the first in history as the coronavirus pandemic has caused global demand to collapse – but this is not yet being reflected fully at the fuel pumps.
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