Increasing fuel prices and OCDO13 Mar 2026 06:59
As fuel prices increase, I would expect people will want to jump into their cars less. This could increasingly persuade those not living close to or within walking distance of a supermarket to turn to online shopping. This is likely to start to benefit OCDO in the coming months IMO as high fuel prices look here to stay for some time, probably the rest of the year. I would expect the next Ocado Retail statement to reflect this. I certainly don’t think shorters have much wiggle room for this to go much lower from current levels, unless more bad news springs up.