Every day, OPIS
publishes spot prices for all refined products, more than 30,000 wholesale gasoline and diesel rack prices and more than 130,000 retail fuel prices (www.
Founded in 1977, OPIS
is a leader in petroleum, natural gas liquids, refinery feedstock and bio-fuels news and pricing.
According to OPIS
, the publication will also offer market news and analysis, plant profitability numbers and pricing on gasoline blendstocks.
Platts unveiled an agreement to acquire peer OPIS
in December without disclosing the financial terms, but said then that the move would bolster its market share and strengthen its position in North America.
Brian Crotty, OPIS
President and CEO, noted, "The additional Telvent DTN price feed will further strengthen our already exceptional OPIS
rack price services.
IHS Chairman and CEO Jerre Stead said: Specifically, OPIS
is the leader in the rack and retail downstream refined products pricing and it also has a strong position in the spot market.
publishes several publications for the petroleum, biofuels and LP gas marketplace including OPIS
Newsletter, Oil Express, Ethanol & Biodiesel Information Service, Retail Fuel Watch, LP Gas Alert and many more.
The Clean Jet Assessment is included in the OPIS
Europe Jet Fuel & Gasoil Report and provides the first integrated pricing mechanism for the new supply contracts.
Since the initial announcement, our customers have informed us of their opposition to this combination," said Brian Crotty, CEO of OPIS
Oil Price Information Service (OPIS
) announces the launch of its newest web-based query tool for retail fuel prices - The OPIS
daily eNews service emailed every day, with a unique round-up of that days global OP news.
When someone is very low on fuel, price isn't the major concern," says Fred Rozell, Director of Retail Pricing for OPIS