Wednesday, September 3, 2008
Oil Companies
Oil companies are unable to increase the price of transportation fuels in line with the rising global crude oil prices and they are now looking at an alternate revenue streams as a major reason. Fuel forecourts with 24*7 convenience retail concepts within cities and on the highways with security around offer huge scope. The concept has the potential to create excitement and initiate activities in small towns and cities as well. Most fuel retailers have tied up with catering chains for F&B outlets at petrol stations. Hyper markets that have entered in to the retail petroleum business have met with considerable success due to competitive fuel pricing and discounted prices.
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