Hedging your fuel risk exposure
Fuel hedging - or fuel risk management - is what we do - it is part of our DNA
Fuel hedging is used to reduce or eliminate a company's exposure to fluctuating fuel costs. It is a contractual tool allowing a company to fix or cap a fuel price at a certain level and period of time.
Fuel hedging - why use it?
If your company is exposed to oil price fluctuation, fuel hedging is a tool that can help eliminate the risk of your fuel budget getting out of control. Here is a few examples of why to hedge:
- Fuel oil prices fluctuate - the oil market is extremely volatile
- Fuel oil expenses represent a large fraction of the operational costs
- Insurance against price fluctuations
- Pro-active strategy for budget protection
How to get started on fuel hedging?
You and Global work out a hedging strategy and evaluate which hedging tools could be of advantage to you - we customise the tools to fit your specific need.
The benefits of fuel hedging
Keeping fuel costs within a predictable range protects you from unexpected changes in the price of fuel - changes that could otherwise seriously impact your budget and profit margin.Read more