Learn More About OPIS and Our History

Providing Pricing, News & Expert Market Analysis for Global Energy Commodities

Who We Are

OPIS provides price transparency across the global supply chain so that all stakeholders can buy and sell oil and energy commodities with confidence. We do this by providing transparent pricing, real-time news, powerful analytics and software and educational and networking events. We also provide a range of free resources and maintain an active blog.

Our commitment to reliability is reinforced by world-class, personalized customer service and constant innovation. OPIS listens to what our customers and industry stakeholders need and responds with flexible and easy-to-use products and solutions. OPIS methodology is compliant with all international standards for price reporting agencies set forth by IOSCO, the International Organization of Securities Commissions.

Navigating world oil markets is complex – OPIS makes it simpler.


OPIS Brands Include


Chemical Market Analytics by OPIS, A Dow Jones Company PetroChem Wire by OPIS, A Dow Jones Company

McCloskey by OPIS, A Dow Jones Company Axxis by OPIS, A Dow Jones Company


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Watch to Learn More About OPIS

Watch this quick video for an introduction to our company. OPIS tracks the entire energy supply chain, from refinery gate to end-user including spot, rack and retail markets worldwide. OPIS prices are tied to nearly 100 billion gallons of fuel per year.

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Our History

  1. 1977

    Launched Oil Express Newsletter

    OPIS began covering petroleum news with its launch of the award-winning Oil Express newsletter.

  2. 1980

    Launched OPIS Newsletter

    OPIS Newsletter

    OPIS deepens petroleum news and pricing coverage with the launch of the OPIS Newsletter.

  3. 1980

    Opened First Office


    OPIS opens its first office in Wall, NJ, where many members of the OPIS team are still based today.

  4. 1986

    Launched Spot Pricing Services

    OPIS launched specialty spot market pricing services including JetFax, WestFax, LP-Gas Fax, and OPIS Overnight (feedstocks report).

  5. 1991

    Launched Satellite-Delivered Service

    OPIS launched PetroSAT, the company’s first satellite-delivered service.

  6. 1996

    Acquired Stalsby/Wilson


    OPIS acquired Stalsby/Wilson directories in May.

  7. 1996

    Acquired Computer Petroleum Corporation

    OPIS acquired the publicly held Computer Petroleum Corporation, in August, cementing itself as a leader.

  8. 1999

    Launched First U.S. Retail Fuel Pricing Database

    OPIS launched its retail fuel pricing database  – the first of its kind for the United States.

  9. 2005

    Acquired Axxis Petroleum


    OPIS acquires St. Paul, MN- based AXXIS Petroleum, enabling the company to aggregate rack prices electronically.

  10. 2007

    Expanded Spot Pricing to Europe


    OPIS hired its first Europe-based employee in September to begin global spot price expansion.

  11. 2008

    Expanded Spot Pricing to Asia

    In January, OPIS hired its first employee in Asia and opens an office in Singapore.

  12. 2012

    Acquired LCI Energy Insight (Now PointLogic Energy)

    PointLogic Energy

    In December, OPIS acquired El Paso, TX- based LCI Energy Insight, marking the company’s first expansion into natural gas market coverage. In 2015, LCI Energy Insight was rebranded to PointLogic Energy, which continues to provide trusted fundamental data and analysis to participants in the oil and natural gas sectors.

  13. 2015

    Acquired NAVX

    In March, OPIS aquired NAVX, the leading European and South American provider of retail fuel pricing, parking and Electric Vehicle (EV) charging location information.

  14. 2016

    IHS Acquired OPIS

    IHS, the leading global source of critical information and insight,  completed its acquisition of  OPIS on February 11, 2016.

  15. 2016

    IHS Merged With Markit

    IHS merges with UK-based Markit as IHS Markit,  a new leader in critical information, analytics and solutions that drive economies and markets worldwide.

  16. 2018

    Acquired PetroChem Wire

    OPIS PetroChem Wire

    In August, OPIS acquired PetroChem Wire, a series of daily and weekly reports that covers the entire U.S. petrochemical market, including ethylene and propylene, olefins, monomers and polymers and prime grade and recycled plastics. PetroChem Wire prices serve as benchmarks for NYMEX, CME and ICE physical and swap contracts.

  17. 2022

    News Corp Acquires OPIS

    Dow Jones logo

    In early 2022, News Corp acquired Oil Price Information Service (OPIS) and related assets, including the McCloskey coal, mining and metals business and the base chemicals business (rebranded Chemical Market Analytics), from S&P Global and IHS Markit. OPIS joins Dow Jones, expanding the company’s presence in energy commodity markets.