Step 1: Gathering data and identifying goals
Taking control of your fuel price risk is easy with Global.
Our simple, yet flexible 3-step process kick starts your fuel risk strategy and keeps it fine-tuned to the market.
Your Oil Risk Manager will start by working with you to gain an understanding of where you are exposed to fuel price fluctuations. Discussion points may include:
- Your current and future business environment
- Current financial position and budgets
- Stakeholder objectives and needs
- Your attitude to risk
- Required fuel consumption, and
- Fuel cost calculations
Naturally, all of this information is regarded in strictest confidence.