No matter where you live, the price of gasoline impacts your life on a daily basis. While the price at the pump affects us all, businesses in the downstream fuels industry have many factors to consider when determining gas prices.
Despite the many advancements in technology in recent years, our society remains largely reliant on crude oil. From the transportation industry to heating to petrochemical feedstock, oil plays a prominent role in our daily lives. It’s no wonder, then, that crude oil is one of the most actively traded commodities.
Get the full story and analysis by our expert, and see what the decision could mean for the future of refined fuels.
From the average consumer’s perspective, crude oil price fluctuations are most likely only noticed when paying at the pump. But as anyone in the petroleum industry knows, the crude oil market can be volatile, and the supply chain is long and confusing. The various behind-the-scenes factors that influence oil prices have an immense impact on each part of the crude oil supply chain, from offshore rigs all the way to our gas tanks.
The downstream is filled with fuel buying challenges. Make sure you’re not leaving money on the table with these three tips for optimizing your purchases.
With fraction-of-a-penny margins, every fuel selling decision counts. Discover which three factors are critical to ensuring accurate pricing strategies in today’s local fuel markets.
We’ll be at the Manchester Grand Hyatt in San Diego, California September 7-9. Come see us at booth #206, and let’s catch up.
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