Find your Depot

Fuel price certainty with our range of Price Risk Management solutions

Fixed Forward Pricing

Fixed Forward Pricing

Enables you to purchase a fixed monthly volume of fuel, at a fixed price, for a specified future period (typically up to one year).

Learn More
Capped Maximum Pricing

Capped Maximum Pricing

With our capped pricing option, an agreed maximum per-litre price is set for the duration of the contract, with no fixed minimum price.

Learn more
PRISM - FAQs

PRISM - FAQs

The place to find all the answers to the frequently asked questions about PRISM our Price Risk Management range of services.

Learn more
Fixed Forward Pricing

About fixed forward pricing

Our Fixed Forward Pricing (FFP) option enables you to purchase a fixed monthly volume of fuel, at a fixed price, for a specified future period (typically up to one year).

Key features

• Known fuel cost, removes uncertainty and aids the budgeting process
• Volume can be delivered across multiple delivery locations
• Ability to roll volume forward (subject to price agreement)
• 'Take or pay' will apply. Once committed to lift a specified volume, you must either take the agreed volume, or cover the cost of the product.

 

parallax_PRISM-3
Capped Maximum Pricing

About Capped Maximum Pricing

With our capped pricing option, we'll set an agreed maximum per-litre price for the duration of your agreement, with no fixed minimum price.

If the market spot price falls below the capped maximum price, you pay the spot price during the whole period of your agreement. If the market spot price rises above the capped price, you only pay the agreed maximum price during your agreement.

Please note that all Capped Maximum Pricing contracts are subject to a pre agreed per-litre fee for the cap.

 

Key features

• Known maximum capped formula price
• No minimum price
• Capped price can apply to volume delivered across multiple locations
• 'Take or pay' will apply. Once committed to lift a specified volume, you must either take the agreed volume, or cover the cost of the capping fees for the product.

 

FAQs

PRISM

Frequently asked questions

What happens if I fix my fuel price and market prices fall?
I am worried that prices might rise but if prices fall then I will be uncompetitive in my industry, what can I do?
As a haulier I pass on fuel price rises to my customers but they would like me to offer fixed prices, can you help?
Why can you offer me fixed price contracts but my current supplier is reluctant to take the risk?
Sometimes you can offer fixed forward prices lower than I can buy today but sometimes they are higher. Why?

What happens if I fix my fuel price and market prices fall?

You will still be locked in to the price, but you will have price certainty allowing you to budget effectively.

I am worried that prices might rise but if prices fall then I will be uncompetitive in my industry, what can I do?

In this instance a Capped Price contract would be recommended. For a fee per litre you can have a maximum price but if the market price is below the maximum then you pay the market price.

As a haulier I pass on fuel price rises to my customers but they would like me to offer fixed prices, can you help?

A forward price can be fixed at the market rate and you can simply pass it through your haulage contract to your customer.

Why can you offer me fixed price contracts but my current supplier is reluctant to take the risk?

We do not take the risk. We ensure that we are fully hedged and are therefore price neutral. Plus we are backed by World Fuel Services, a financially strong, NYSE listed entity.

Sometimes you can offer fixed forward prices lower than I can buy today but sometimes they are higher. Why?

Market structures change over time. Sometimes forward prices are above spot and sometimes below. We can give you the visibility to make informed purchasing decisions.