Press Releases

OPIS 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.

OPIS is a leading provider of retail fuel prices in North America, with a database of more than 3.5 million gasoline and diesel prices for nearly 140,000 outlets, updated in real time. OPIS RetailSuite provides interactive access to this data so users can compare performance against local competitors and national brands.

OPIS RetailSuite consists of these tools:

  • 1. PricePro for protecting fuel margins and volumes
  • 2. AnalyticsPro for tracking retail fuel trends
  • 3. MarginPro for measuring fuel profitability
  • 4. DemandPro for benchmarking fuel volumes
  • 5. MarketSharePro for increasing brand power

“OPIS RetailSuite is a game-changer for retail fuel station owners/operators, integrated oil companies and asset management companies” said Fred Rozell, OPIS retail director. “Our customers can now access the retail pricing intelligence they need to analyze, strategize and succeed in their markets – all in one place.”

For more information on OPIS RetailSuite, visit the product website.

###
About IHS Markit (www.ihsmarkit.com)

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and expertise to forge solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 85 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

IHS Markit is a registered trademark of IHS Markit Ltd. and/or its affiliates. All other company and product names may be trademarks of their respective owners © 2017 IHS Markit Ltd. All rights reserved.

About OPIS (www.opisnet.com)

Oil Price Information Service (OPIS) by IHS Markit (Nasdaq: INFO) provides accurate pricing, real-time news and expert analysis across the global fuel supply chain, including the Spot, Wholesale Rack and Retail markets. OPIS enables customers to buy and sell petroleum products with confidence via easy access to transparent data, expert-level customer support, educational events and energy data solutions like Axxis Software and PointLogic Energy.

Media Contact:

Katie Greeves

Social Media & Public Relations Manager

Oil Price Information Service (OPIS)

+1 301 284 2002

kgreeves@opisnet.com