Diesel vehicles bear the brunt of rising fuel prices
Fleets operating diesel vehicles are paying 44p per litre more than when the Iran conflict started, according to new data from Allstar.
Average diesel prices rose by nearly 21p in March and a further 27p in April, before falling slightly in May.
Prices fell in England, Wales, Scotland and Northern Ireland last month, but still averaged 186.64p across the month.
Paul Holland, managing director for UK/ANZ vehicle payments at Corpay, including UK brand Allstar, said: “The three months covered by this data illustrates exactly the kind of fuel price volatility that makes cost management so challenging for fleet operators and drivers.
“Prices rose sharply in March, rose again by an even larger amount in April and have now begun to ease. But despite that, costs remain dramatically higher than they were at the start of the period.
“The challenge for businesses is no longer simply that fuel is expensive. It is the speed and unpredictability with which prices are moving. When diesel prices can rise by almost 27p in a single month and then reverse course the following month, having real visibility and control over fuel spend becomes essential.
“Those without the right tools to monitor, manage and forecast their fuel costs are genuinely exposed to that volatility in a way that affects their bottom line directly.”
