Forecast of Fuel Prices in 2021

Written By: Emily Candib, Director, Fleet Products

“With demand still significantly lower than historical averages and continued supply to carry through to 2021, prices will continue to remain relatively flat throughout the rest of 2020 and into 2021,” said Emily Candib, director – fleet products for Merchants Fleet. “Traditional demand expected to pick up in May-June and raise prices along with pressure on refineries to keep pace.”

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