OPIS Company News & Press Room

OPIS, a Dow Jones company, successfully completes 10th Annual IOSCO and BMR Assurance Reviews

NEW YORK [December 19, 2023] – OPIS, a Dow Jones company, today announced it has successfully completed its 2023 assurance review of its commodity benchmarks and key price assessments in accordance with the principles for price report agencies (PRAs) outlined by the International Organization of Securities Commissions (The IOSCO PRA Principles). Read More

OPIS to Launch U.S. West Coast Renewable Diesel Fuel and Sustainable Aviation Fuel Prices

Rockville, MD — OPIS, A Dow Jones Company, the leading source for energy and commodity pricing information, is responding to the growing demand for transparency in the low-carbon fuels market with the introduction of new daily price assessments for U.S. West Coast renewable diesel fuel and sustainable aviation fuel. Read More

OPIS Introduces the Carbon Offset NGL/LPG Index

Rockville, MD - September 11, 2023 - OPIS, a Dow Jones company, is pleased to announce the launch of its Carbon Offset NGL/LPG Index. Read More

OPIS Launches Europe Hydrogen Report

Rockville, MD – July 5, 2023 – OPIS, a Dow Jones company, has launched Europe Hydrogen Report, a comprehensive service tailored to the thriving green hydrogen market in Europe. The report comprises three vital elements that empower industry stakeholders. Read More

OPIS Launches West Coast Line Space Assessments

Rockville, MD – May 30, 2023 – OPIS, a Dow Jones company, has become the first price reporting agency to launch daily line space assessments for West Coast pipelines, helping customers navigate the newly established trade market in the region. Read More

OPIS Launches Carbon Price Assessments for Washington State

Rockville, MD – February 21, 2023 – OPIS, a Dow Jones company, has expanded its suite of carbon assessments to help customers navigate two major new climate programs in Washington state, which took effect in January 2023. Read More

OPIS, a Dow Jones Company, to Acquire Pricing Data Assets of Singapore Solar Exchange Pte Ltd

NEW YORK – JUNE 14, 2022 – Dow Jones today announced that OPIS, a Dow Jones company, has signed an asset purchase agreement to acquire solar panel pricing, market reporting and associated data assets from the Singapore Solar Exchange Pte Ltd (SSX). The deal is expected to close in early July 2022. Read More

News Corp Completes Acquisition of Base Chemicals

New York, NY – (June 1, 2022) – News Corp announced that it has completed the acquisition of the Base Chemicals business from S&P Global Market Intelligence. The business will operate under the name Chemical Market Analytics by OPIS, a Dow Jones company. News Corp acquired OPIS (the Oil Price Information Service) and related assets from S&P Global and IHS Markit in February. Read More

News Corp Completes Acquisition of OPIS

NEW YORK–(BUSINESS WIRE)–Feb. 28, 2022– News Corp announced that it has completed the acquisition of the Oil Price Information Service (OPIS) and related assets, including the coal, metals and mining business from S&P Global and IHS Markit. OPIS, a highly profitable and growing digital data, analytics and insights provider, will join Dow Jones’ professional information business, expanding Dow Jones’ presence in the energy, commodities and renewables markets. Read More

Leading Fuel and Energy Commodity Price Reporting Agencies Successfully Complete the IOSCO Assurance Review and BMR Assurance Review

LONDON (January 19, 2022) – OPIS and Coal, Metals and Mining (CMM), world leaders in critical information, analytics and solutions, are pleased to announce that they have successfully completed a joint IOSCO assurance review—OPIS for its commodity, energy, renewables benchmarks for the ninth year and CMM for its McCloskey coal benchmarks for the seventh year—in accordance with the IOSCO Principles for Oils Price Reporting (IOSCO Principles). Read More

OPIS Launches Carbon Neutral Fuels Index, Core Carbon Credits and Climate Community and Biodiversity Standards Assessments for Price Transparency into Emissions Offsetting Strategies

LONDON (January 18, 2022) – OPIS, an IHS Markit (NYSE: INFO) company, the leading benchmark provider for carbon and fuels markets data, has expanded its Global Carbon Offsets Report in response to demand for pricing transparency into carbon offsetting strategies. Today, OPIS introduces the daily Carbon Neutral Fuels Index (OPIS CNFI) to offer a view into carbon-neutrality strategies across the energy industry by providing a comprehensive range of prices for the cost of offsetting fuels emissions through retiring carbon credits. Read More

OPIS by IHS Markit Expands Carbon Pricing Suite with Additional Transparency for World’s Largest Compliance Markets

Provides new assessments for Renewable Energy Certificates (REC) under U.S. East Coast Renewable Portfolio Standards (RPS) programs and comprehensive intelligence for compliance carbon markets featuring price transparency for 16 environmental programs in a single report. Read More

OPIS by IHS Markit Launches First Voluntary Carbon Credit Price Assessments Providing Transparency Needed to Advance Paris Agreement Climate Goals

OPIS, an IHS Markit (NYSE: INFO) company and the leading benchmark provider for emissions and carbon markets data, will launch today the world’s first comprehensive daily pricing suite for global voluntary carbon offset credits to advance the global initiative to reduce greenhouse gas emissions. Read More

OPIS to Launch Online Trading Venue for Renewable Identification Number (RIN) Credits

Full-day electronic trading for Renewable Identification Numbers (RINs) using the benchmarked OPIS assessment on the OTC Direct platform.

In an effort to bring greater transparency, price discovery and liquidity to the market for Renewable Identification Number (RIN) credits under the U.S. Renewable Fuel Standard (RFS) program, OPIS by IHS Markit is pleased to announce the launch of OPIS Trade Link, an online trading venue hosted on the OTC Direct Platform.

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IHS Markit invests in artificial intelligence fuel pricing provider

London (April, 20, 2020) – IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced its strategic growth investment in a2i systems, a retail fuel price management software provider specializing in applied artificial intelligence.

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Same-Store Gasoline Sales Starting to Show Impact of COVID-19 as US Fuel Sales Start Downward Slide

Gasoline demand likely to fall to levels not witnessed since Nixon era

 Gaithersburg, Md. (March 27, 2020) – U.S. gas station operators are bracing for the impact of COVID-19 on fuel sales, as same-store gasoline sales were down 2.4% nationwide for the week ending March 14, when compared to the same week last year, according to OPIS Demand Report, a weekly survey of more than 15,000 fuel stations nationwide*.

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OPIS by IHS Markit Successfully Completes BMR and IOSCO Assurance Reviews

Leading fuel and energy commodity price reporting agency completes IOSCO assurance review for the seventh consecutive year as well as completes first successful BMR assurance review.

ROCKVILLE, Md. (Jan. 8, 2020) — IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, is pleased to announce that IHS Markit Benchmark Administration Limited (IMBA) has completed its first assurance review regarding commodity benchmarks administered in accordance with the European Union Benchmark Regulation (BMR). IMBA is authorized and regulated by the UK Financial Conduct Authority as a benchmark administrator.

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OPIS Releases Enhancements to Daily Global Marine Fuel Price Report

The OPIS report now includes benchmarked diesel rack and spot prices, as well as increased coverage of global bunker port pricing

ROCKVILLE, MD (December 23, 2019) — Oil Price Information Service (OPIS) by IHS Markit (NYSE: INFO), an internationally-referenced price-reporting agency serving the oil, natural gas, biofuels and petrochemical industries, announced today it has expanded its offerings in the Global Marine Fuels Report to include price discovery for additional bunker ports across Asia, Europe and the Americas.

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OPIS by IHS Markit Launches Comprehensive Fuel Price Index & Wholesale Prices for Mexico’s Refined Products

Leading price reporting agency adds two new products to its growing Mexico fuels market coverage

HOUSTON (October 30, 2019) – OPIS (Oil Price Information Service) by IHS Markit (NYSE: INFO), the first price reporting agency to calculate implied wholesale-rack costs in the Mexican fuel market, announced today it has launched the OPIS Mexico Fuels Report, a new report that provides transparency for the Mexican market regarding the costs of importing refined products to Mexico from the U.S. benchmark markets.

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OPIS Mexico Fuel Week Opens Registration and Releases Initial Speaker List for October 2019 Event

Managing uncertainty and risk in Mexico’s energy market is the theme of 2019 conference in Mexico City

MEXICO CITY (August 28, 2019) – OPIS (Oil Price Information Service) by IHS Markit (NYSE: INFO) has opened registration for the third annual OPIS Mexico Fuel Week , October 21-24, 2019. The event will be held in Mexico City at the Sheraton Maria Isabel Hotel.

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OPIS by IHS Markit Announces 3rd Annual Mexico Fuel Week, October 21-24, 2019 in Mexico City

Mexico City will again host this educational event on Mexican energy reform

ROCKVILLE, MD (May 28, 2019) — Oil Price Information Service (OPIS) by IHS Markit (Nasdaq: INFO) announces the 3rd Annual Mexico Fuel Week, October 21-24, 2019, at the Sheraton Maria Isabel Hotel in Mexico City.

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OPIS Adds PetroChem Wire curves to benchmark natural gas liquids (NGL) forward data

The OPIS NGL Forwards Report now provides price transparency for olefins and polymers.

ROCKVILLE, MD (March 4, 2019) — Oil Price Information Service (OPIS) by IHS Markit (Nasdaq: INFO), an internationally-referenced price reporting agency serving the oil, natural gas and biofuels industries, announces the blending of published spreads between benchmark OPIS NGLs and OPIS PetroChem Wire Olefins and Polymers in the OPIS NGL Forwards Report. The new data is available just six months after the completion of OPIS’ acquisition of the PetroChem Wire (PCW).

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Coal Conference of the Americas Returns to Cartagena, Colombia in March 2019

This event, in its 26th year and organized by IHS Markit and McCloskey Coal Report, aims to provide attendees with the insight to succeed in a transitioning global market 

LONDON (February 28, 2019) —  IHS Markit (Nasdaq: INFO) proudly announces the 26th Annual Coal Conference of the Americas on March 19-21, 2019 in Cartagena, Colombia.

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Axxis Software Launches Next Generation In-Cab Solution to Improve Two-Way Communication with Fuel Drivers

The MobileRite app joins an extensive lineup of fuel supply chain management solutions from this leading automation provider.

ROCKVILLE, MD (February 28, 2019) – Axxis Software, part of OPIS by IHS Markit (Nasdaq: INFO) has launched a new iOS and Android app called MobileRite.

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OPIS Successfully Completes Benchmark Assurance Review for Natural Gas, Natural Gas Liquids, Refined and Renewable Products

OPIS Successfully Completes Benchmark Assurance Review for Natural Gas, Natural Gas Liquids, Refined and Renewable Products.

ROCKVILLE, MD (October 11, 2018) — Oil Price Information Service (OPIS) by IHS Markit (Nasdaq: INFO), an internationally-referenced price reporting agency serving the oil, natural gas and biofuels industries, today announced it has completed the sixth annual independent assurance review of its price assessment fuel prices.

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OPIS Launches Price Discovery for Refinery Emissions Cap-and-Trade Costs

California Static Carbon Emissions “STAC” joins the extensive offering of fuel price assessments from this leading reporting agency.

ROCKVILLE, MD (September 6, 2018) – Oil Price Information Service (OPIS) by IHS Markit (Nasdaq: INFO), has launched a new daily price assessment in the OPIS Carbon Market Report that quantifies the impact of California’s cap-and-trade regulations on static carbon emissions at refineries in the state.

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OPIS RIN, LCFS and Additional NGL Spot Indexes Listed on ICE

New products join long list of OPIS-referenced pricing on Intercontinental Exchange

GAITHERSBURG, MD — Oil Price Information Service (OPIS) by IHS Markit (Nasdaq: INFO), announces the launch of its California Low Carbon Fuel Standard Credit, Gasoline – D6 RINs and two new financial NGL Futures contracts on the Intercontinental Exchange (ICE), beginning May 21, 2018.

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OPIS Establishes In-Person Presence in Mexico

New business development director joins IHS Markit colleagues in Mexico City office

GAITHERSBURG, MD (February 1, 2018) — Oil Price Information Service (OPIS) by IHS Markit (Nasdaq: INFO), the first price reporting agency to calculate implied wholesale rack costs in the Mexican fuel market, today announced a new physical presence in the country.

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OPIS Publishes LNG Spot Price Assessments For The First Time

Leading price reporting agency adds yet another commodity group to its extensive market coverage

GAITHERSBURG, MD (December 20, 2017) — Oil Price Information Service (OPIS) by IHS Markit (Nasdaq: INFO) an internationally-referenced price reporting agency serving the oil, natural gas and biofuels industries, announces the addition of U.S. Gulf Coast FOB LNG Price Assessments to its portfolio of pricing data available to customers throughout the fuel supply chain.

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OPIS Announces a New Look and a New Website

Leading fuel price reporting agency updates logo to match corporate parent and upgrades website with added content and user-friendly design.

GAITHERSBURG, MD (November 16, 2017) — Oil Price Information Service (OPIS) by IHS Markit (Nasdaq: INFO) an internationally-referenced price reporting agency serving the oil, natural gas and biofuels industries, proudly introduces a redesigned website (www.opisnet.com) that features a new logo, streamlined user experience and greater focus on helpful content.

 

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Oil Price Information Service Introduces A Set Of Online Tools For Increasing Retail Fuel Profitability.

OPIS RetailSuite integrates five different solutions into one interactive platform

GAITHERSBURG, MD (October 26, 2017) — Oil Price Information Service (OPIS) by IHS Markit (Nasdaq: INFO) an internationally-referenced price reporting agency serving the downstream energy industry, has launched OPIS RetailSuite, a collection of five web-based products aimed at helping users compete more effectively in the retail fuel market.

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OPIS Successfully Completes Benchmark Assurance Review for Natural Gas Liquids, Refined and Renewable Products

Leading fuel price reporting agency receives IOSCO approval for the fifth consecutive year.

GAITHERSBURG, MD (October 12, 2017) — Oil Price Information Service (OPIS) by IHS Markit (Nasdaq: INFO), an internationally-referenced price reporting agency serving the oil, natural gas and biofuels industries, is pleased to announce that it has completed its fifth annual independent assurance review of its benchmarked fuel prices, including U.S. Natural Gas Liquids, U.S. West Coast Refined Spots, U.S. Midwest Refined Spots, Asia LPG, Europe Distillates, Europe LPG and U.S. Renewables methodologies.

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OPIS and Trayport Sign for New Oil Product Trading Screens

LONDON (March 20, 2017) – Traders and brokers who seek efficient and transparent ways to buy, sell and price physical oil products can now employ a suite of new trading and price discovery screens following the signing of an agreement between OPIS, part of business information provider IHS Markit (Nasdaq: INFO), and London-based Trayport Ltd.

OPIS will leverage the high performance, executable trading screens that also provide instant price discovery using the OPIS450 methodology. OPIS450 assesses live-market bid, offered and traded value to create a price for each of the 450 minutes between 9 a.m. and 4.30 p.m. before averaging outright prices and differentials to provide new all-day and settlement-derived prices.

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Launched Today: NGL Basket OPIS Mont Belvieu Non-TET

OPIS is pleased to announce the launch of its NGL Basket OPIS Mont Belvieu Non-TET, a single daily price based on and derived from the daily averages of the components of Y-Grade that allows for pricing of the total slate of NGL products priced by OPIS.

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OPIS Successfully Completes Benchmark Audit for Natural Gas Liquids, Refined and Renewable Products Pricing Assessments

LONDON (12 October 2016) – Oil Price Information Service (OPIS) – part of business information provider IHS Markit (Nasdaq: INFO) and an internationally referenced price reporting agency serving the oil, natural gas and biofuels industries – has completed its fourth annual independent audit. This audit was carried out on its oil price reporting business that includes its benchmarked U.S. Natural Gas Liquids, U.S. West Coast Refined Spots, U.S. Midwest Refined Spots, Europe LPG and U.S. Renewables methodologies.

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OPIS Introduces a Temperature Corrected Assessment

OPIS, an IHS Markit company and the leading provider of wholesale spot and rack pricing information to the U.S. and international community, is adding “a temperature corrected assessment” to its portfolio of pricing data and options available to customers.

Starting Oct. 3, OPIS customers will be able to receive on a daily basis a PDF file, the “OPIS Temperature Correction Assessment Report,” that will detail in U.S. cents per gallon the increment of adjustment buyers and sellers of gasoline and diesel fuel need to make to normalize prices taking into account volumetric expansion or contraction of gallons based on temperature.

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OPIS Unveils Redesigned Next-Generation Spot Ticker

Gaithersburg, MD, September 19, 2016 – Oil Price Information Service (OPIS), an IHS Markit company (Nasdaq: INFO) that revolutionized real-time spot market coverage when it launched the first OPIS Spot Ticker in 2000, announces the release of the next-generation, new and improved OPIS Spot Ticker.

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New OPIS Contract Available for Trading at ICE Futures Europe

Gaithersburg, MD, August 18, 2016 — Oil Price Information Service (OPIS), an IHS Markit company (Nasdaq: INFO) and a leading provider of gasoline and diesel spot pricing information, today announces the introduction of a new futures contracts at ICE Futures Europe.

Starting Monday, August 22, 2016, ICE Futures Europe will list the Group 3 V-Grade Sub-Octane Gasoline (OPIS) vs RBOB Gasoline 1st Line Future.

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IHS Completes Acquisition of Oil Price Information Service (OPIS)

ENGLEWOOD, Colo.– IHS Inc. (NYSE: IHS), the leading global source of critical information and insight, has completed its acquisition of Oil Price Information Service (OPIS), an internationally referenced pricing reporting agency that serves the oil, natural gas and biofuels industries. IHS announced its intent to acquire OPIS on January 11, 2016; closing occurred on February 10.

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Airline Fuel Buyers Find New Way to Purchase Barrels

Gaithersburg, MD, February 18, 2016 – Fuel acquisition managers for top European airlines now have a new way to purchase fuel and assess all-day fuel values using the exclusive OPIS450 trading screen and platform.

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