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Learn how to buy fuel smarter

from Oil Price Information Service (OPIS)

Regardless of the price, fuel is still your largest single expense. Understanding the fuel buying process from start to finish is part of the key to lowering that cost.

Learning how to choose and negotiate with fuel suppliers, create contracts, and understand how spot, rack and retail markets operate can enhance your negotiating position.

Writing an accurate wholesale fuel supply contract, selecting the right pricing benchmark for your operation and knowing the basics of risk management and hedging are all part of keeping fuel costs as low as possible.

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