Fuel Retail Price Analyst

Martin & Bayley, Inc., DBA Huck's Market•Carmi, IL

About The Position

The Fuel Retail Price Analyst analyzes fuel market trends, competitor pricing, and supply costs to develop and implement pricing strategies for retail fuel stations. The role monitors and adjusts prices to support competitiveness, profitability, and compliance with market regulations, using data-driven insights to optimize pricing and inform strategic business decisions. The analyst monitors daily fuel market trends, analyzes local and regional price movements, recommends and implements station price changes, and works with operations to execute pricing decisions. The role also analyzes historical sales and pricing data, forecasts demand and pricing trends, and develops pricing models and tools. Additional responsibilities include competitor benchmarking, reporting and presenting pricing insights to senior management, monitoring regulatory developments, and coordinating with suppliers, vendors, distributors, operations, and fleet/trucking.

Requirements

  • Strong analytical and problem-solving skills.
  • Proficiency with data analysis tools and software such as Excel, SQL, and Power BI.
  • Knowledge of fuel markets, pricing strategies, and economic principles.
  • Excellent communication and presentation skills.
  • Ability to work in a fast-paced environment and adapt to changing market conditions.
  • Strong attention to detail and ability to manage multiple tasks simultaneously.
  • Knowledge of industry regulations and compliance standards.

Responsibilities

  • Monitor daily fuel market trends, including crude oil prices, supply and demand fluctuations, and competitor pricing.
  • Analyze local and regional fuel price movements and their impact on retail pricing strategies.
  • Recommend and implement price changes for retail fuel stations based on market analysis.
  • Align price adjustments with business objectives, including fuel budgets and fuel margin maximization.
  • Collaborate with the operations team to ensure timely execution of pricing decisions.
  • Analyze historical sales and pricing data to identify trends and pricing optimization opportunities.
  • Use predictive analytics to forecast future fuel demand and pricing trends.
  • Develop and maintain pricing models and tools to support decision-making.
  • Conduct competitor pricing surveys and benchmark fuel prices against key market competitors.
  • Provide insights on pricing strategies and market positioning.
  • Prepare reports on pricing performance, market trends, budget analysis, and competitive positioning.
  • Present findings and recommendations to senior management to support pricing strategies and business development initiatives.
  • Ensure pricing practices comply with legal and regulatory requirements, including tax laws and environmental policies.
  • Monitor government policies and regulations that may affect fuel pricing.
  • Work with operations teams to align pricing strategies with overall business objectives.
  • Communicate with suppliers, vendors, distributors, and fleet/trucking to maintain a steady flow of market information.

Benefits

  • Competitive pay commensurate with experience.
  • Comprehensive benefits package including health, dental, vision, and life insurance.
  • Employee Stock Ownership Plan (ESOP).
  • 401(k) with company match.
  • Paid time off.
  • Paid holidays.
  • Career advancement opportunities.
  • Professional development opportunities.
  • Employee discounts for food and fuel.
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