This week: US diesel keeps rising, UK diesel sits just under £2 a litre, South Africa announces temporary fuel levy relief, and the big fuel card groups report a strong quarter. Figures cover roughly 21 October to 1 November 2026.
Fuel cards
WEX earns more from high fuel prices, and late fees are climbing
WEX reported third-quarter revenue of $780.1 million, up 12.8% on a year ago, with higher fuel prices adding $57.3 million. Its Mobility (fleet card) segment grew revenue 20.6% to $435.1 million while transactions rose only 1.7%. Late fee revenue reached $95.0 million, up from $67.2 million in the same quarter last year.
What it means for fleets: Higher pump prices mean bigger card balances, and WEX's late fee income is up about 41% in a year. Check your payment terms and use automatic payment so one missed due date does not cancel out your fuel discount.
Source: WEX via Business Wire, 28 Oct 2026 · On Fleet Fuel Index: WEX Fleet Card (US) · WEX Motorpass (AU)
Edenred's fleet business keeps up double-digit growth
Edenred, the group behind the UTA fuel card, said Mobility operating revenue rose to €202 million in the third quarter, up 10.7% like for like. It put this down to solid growth in its fuel card business, helped only slightly by higher fuel prices, plus double-digit growth in services beyond fuel such as tolls, EV charging and VAT recovery in Europe. Germany and France were named as strong markets.
What it means for fleets: Card providers are selling tolls, EV charging and VAT recovery alongside fuel. If you run vehicles across Europe, ask whether one account for all of these saves admin, and compare total fees rather than just the fuel discount.
Source: Edenred Q3 2026 revenue release (PDF), 21 Oct 2026 · On Fleet Fuel Index: UTA Edenred fuel card
Allstar says EV charging needs the same control as fuel cards
Tom Rowlands, who runs global EV solutions at Corpay (owner of the Allstar brand), says that as vans, HGVs and coaches go electric, charging gets split across depots, shared sites and public chargers, each with its own payment and reporting. He points to the Association of Fleet Professionals' shared charging scheme, now in 15 London boroughs, as one way to widen access. His argument is that fleets should not lose the spend visibility they have with fuel cards. This is a provider's view rather than independent research.
What it means for fleets: If you are adding EVs, ask your card provider how depot, shared and public charging will appear on one invoice, so you can still see who charged, which vehicle and what it cost.
Source: Transport Operator, 27 Oct 2026 · On Fleet Fuel Index: Allstar One (UK)
Fuel prices
US diesel climbs again to $6.35 a gallon
The US Energy Information Administration put the average on-highway diesel price at $6.352 a gallon for the week of 26 October, up 7.6 cents on the week and $2.634 higher than a year earlier. Regular petrol (gasoline) slipped 1.5 cents to $4.269. Regional diesel moves were mixed: up 15.0 cents in the Lower Atlantic and 12.8 cents in the Midwest, but down 8.7 cents in California to $8.155.
What it means for fleets: Diesel is roughly 70% dearer than a year ago, so budgets set on last year's prices will be well out. It is worth checking what your card's discount is really worth per gallon at the sites your drivers use most.
Source: US EIA Gasoline and Diesel Fuel Update, 27 Oct 2026 · On Fleet Fuel Index: US fuel cards compared
UK diesel stays just under £2 a litre
Government weekly figures for 26 October put the average UK pump price of diesel at 199.22p a litre, a touch lower than 199.33p the week before and 200.04p on 12 October. Petrol averaged 174.07p. Fuel duty is unchanged at 52.95p a litre for both fuels, with VAT at 20% on top.
What it means for fleets: Diesel is about 25p a litre dearer than petrol. If you are on a bunkered or fixed weekly price card, compare your invoiced price with this weekly average to check the deal is still paying off.
Source: GOV.UK (DESNZ) Weekly road fuel prices, updated 27 Oct 2026 · On Fleet Fuel Index: UK fuel cards compared
Australian diesel edges up as New Zealand holds steady
The Australian Institute of Petroleum's report for the week to 1 November puts the national average retail diesel price at 280.1 cents a litre, up 0.8 cents, after a 1.4 cent fall the week before. The national average wholesale (terminal gate) price rose faster, to 266.1 cents from 261.9 cents. In New Zealand, MBIE's provisional data for the week to 23 October has the average diesel board price at about 323.9 cents a litre, little changed from 324.5 cents.
What it means for fleets: AIP notes that retail prices follow wholesale moves with a lag, so the 4.2 cent wholesale rise in Australia may still reach the pump. Fleets buying bulk diesel for On-Site tanks on terminal gate pricing will see it first.
Source: AIP Weekly Diesel Prices Report, week ending 1 Nov 2026 · MBIE weekly fuel price monitoring data (CSV) · On Fleet Fuel Index: Australian fuel cards · New Zealand fuel cards · On-Site fuel in Australia
Every item is written in our own words from the source linked under it, which we opened and read before publishing. Figures are as published by each source on the date shown; check the source for later revisions. This is general information, not financial or tax advice.
