Pros & Cons of Selling Branded vs. Unbranded Fuel

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When you enter the fuel industry, there is an important questions to consider: “Will I sell branded or unbranded fuel?” There are distinct advantages and disadvantages of each option. It is essential to fully understand those differences and their implications before starting your business.

Factors That Influence Prices At The Pump

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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.

Brent Crude vs. WTI Crude Markets – What Defines Them

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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.

Impact of Crude Oil Prices on Various Partners in the Supply Chain

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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.

Three Keys to Profitable Fuel Selling

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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.