PETROL RETAILERS REMAIN COMPETITIVE AMIDST RISING COSTS AND DECLINING SALES

PETROL RETAILERS REMAIN COMPETITIVE AMIDST RISING COSTS AND DECLINING SALES
PRA Executive Director Gordon Balmer

Petrol and diesel prices remain volatile as retailers strive to remain competitive amidst rising costs and declining fuel sales“ said Gordon Balmer, Executive Director of the Petrol Retailers Association (PRA), commenting on the RAC’s monthly report of fuel prices.

Balmer continued: “Comments included in the report demonstrate a lack of comprehensive analysis and understanding of the considerable cost escalations. Fuel margins are under significant pressure, and a thorough study, rather than relying on outdated historical margins, would result in more informed conclusions. As PRA engages with relevant Government departments to seek solutions, it is disappointing to continually rectify misconceptions.

As previously advised by the PRA, motorists are encouraged to explore various forecourts to find the one that best fits their needs. Whether prioritizing quality food, parcel services, or car wash facilities, or simply seeking the most economical fuel, PRA recommends using petrolprices.com.

In the face of ongoing market volatility, PRA retailers remain dedicated to providing customers with the best deals possible.”