Fuel price volatility is dominating today's petroleum markets. Intraday price variations used to be measured in fractions of a penny – but now it's not unusual for a 10 cent per gallon change within hours. The impact on your business can be financially troublesome. Every penny increase in the price of gas and diesel translates into millions of extra dollars spent by trucking, construction, and a myriad of other industries.
Atlas offers many different types of contracts and utilizes its buying power and market expertise to pass savings on to our customers, such as hedging, Platts, OPIS, fixed and swaps & collars.
Every day our Atlas Product Supply Management team monitors the New York Mercantile Exchange-Commodity Trading (NYMEX) market. Our team identifies trends and significant swings in oil prices. Our team's expertise combined with Atlas' buying power and storage capability mean Atlas customers benefit from Atlas' industry knowledge and influence.
If you are in a fuel intensive industry, diesel prices no doubt have a significant impact on your bottom line. If you don’t actively manage your fuel prices you could exceed your budget forecasts and pay the price with lower profit margins or even losses.