Fuel prices predicted to rise
Gulf’s wetstock management services take on greater significance
Fuel prices are likely to rise by up to 8% by the start of 2011, according to new statistics released by RMI Petrol.Prices had fallen to an average of 116.65ppl over the last few months for unleaded and 119.17ppl for diesel - largely as a result of exchange rate improvements between Sterling and the US dollar.
However, the RMI Petrol findings predict that they could rise to as high as 125.9ppl in the New Year.
"These statistics are another indicator that stock management is absolutely key to a successful forecourt business," explains Keith Jewers, Director, Gulf Retail.
Alongside a full forecourt meter audit, Gulf's recent groundbreaking tie up with Fairbanks, the UK's leading provider of pump and wetstock management services, will ensure that any over-dispensing fuel pumps are reset at the same time.
"The service is available to all new Gulf dealers and re-signs," continues Jewers. "Gulf is the first oil company to offer the complete service and it could save operators thousands of pounds."
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