Gas & Diesel, Rack Market, Retail Market
Summer Driving Season: Demand Disappoints, Margins Save the Day
Evidence continues to mount that 2019 represented the peak for U.S. gasoline demand as a slow decline in 2024 retail...
Gas & Diesel, Rack Market, Retail Market
For Gasoline Retailers the Best is on its Way
Major League Baseball playoff races are heating up and the importance of the offensive “big inning” is magnified in August...
Gas & Diesel, Rack Market, Spot Market
Refinery Mixology: What’s in Your Gasoline?
Fun fact of the day: refiners, generally speaking, don’t make gasoline. Drivers may think that crude oil goes into a...
Futures, Gas & Diesel
US Gasoline Prices: Fear the Bactrian Camel
Expect to see plenty of news stories this spring that warn of US gasoline prices about to move above $4/gallon....
Gas & Diesel, Rack Market
Why Do Gasoline Prices Climb in the Spring? A Look at RVP
As the weather warms up with summer on the horizon, US gasoline prices will likely follow the season’s temperatures and...
C-stores, Gas & Diesel
Top Retail Fuel Station Brands Revealed
An updated report for 2022 on the top retail gasoline and diesel chains in the country showed surprising results. Here...
Gas & Diesel
European Diesel Cracks Soar Amid Tight Supply and Refinery Outages
Prices and cracks for diesel and other oil products surged in late July and early August, reflecting tight supply and...
Gas & Diesel, Rack Market
7 Things You Don’t Know About Your Wholesale Fuel Rack Report
If you are reading this, chances are good that you have recently started subscribing to one of our rack services...
Gas & Diesel, Renewables
What Is California’s Crude CI Deficit & How Does It Affect Fuel Prices?
California this year added a new layer of compliance costs under its Low Carbon Fuel Standard (LCFS) program, forcing so-called...
Futures Market, Gas & Diesel, Retail Market
Year-on-Year Fuel Disinflation Likely to Reach Epic Proportions
Thanks to irrational exuberance on the part of oil speculators in the spring of 2022, comparisons for key fuels in...
Gas & Diesel, Rack Market
My OPIS Is Wrong: The Case of the Missing Rack Price Hours
OPIS customer service super sleuth Regina Flake barely had time to put down her coffee when the call came in...
Gas & Diesel
Is Europe Beyond Peak Diesel Demand?
Diesel and gasoil consumption in the European Union and the U.K. stayed flat in 2022 despite the end of most...
Gas & Diesel, Mexico
Mexico 101: Illegal Fuel Imports and Blends
Mexico in recent years has been battling illegal fuel imports and illicit blending of refined products, practices that pose a...
Gas & Diesel, Rack Market
8 Essential Tips for Writing Better Fuel Bids
Fuel is a must-have for end users like municipalities and school districts. However, procurement is not straightforward.
Gas & Diesel, Spot Market
One Year Later: Ukraine War Spurs Europe Oil Price Volatility, New Trade Routes
One year after Russia invaded Ukraine, energy commodity flows across the globe have shifted and prices have experienced extreme bouts...
Gas & Diesel, Rack Market, Renewables
Get the Cold, Hard Facts on Fuel Temperature Correction
It’s that time again! The mercury in the thermometer dropping… And fuel suppliers can get hot under the collar when...
Biofuels, Gas & Diesel
Changing Regulations Could Spur Pricier Midwest Gasoline This Summer
Refiners, marketers, retailers, pipeline operators and others across the gasoline supply chain may be impacted in the spring and summer...
Gas & Diesel, Jet fuel, Retail Market
10 Predictions for 2023: A Look at an Oil-Soaked 2023 Crystal Ball
The following is an excerpt from Americas: Oil Market Outlook 2023. 1 U.S. gasoline prices will again command the consumer...
Crude, Crude oil, Gas & Diesel
Refinery Additions and Subtractions Complicate Outlook for 2023
Much of the oil industry’s attention in 2022 was appropriately focused on a shortfall in global refining capacity that was...
Gas & Diesel, Retail Market
Analysis: Gasoline Deflation at Hand as Volatile 2023 Looms
The US national average for gasoline as measured by OPIS on Dec. 12, 2022, represented deflation of 2.02% versus the...
Gas & Diesel, Spot Market
Europe Diesel Differentials Soar as Strikes Shut Refineries, Stocks Collapse
Refinery outages and falling inventory levels in Europe have significantly tightened diesel supplies across the continent, causing spot price differentials...
California, Gas & Diesel
US West Coast/Gulf Coast Renewable Diesel Market Growth Accelerates
Renewable diesel (RD) shipping volume between the U.S. Gulf Coast and U.S. West Coast has quickly gained market spotlights in...
California, Gas & Diesel
Analysis: US West Coast Market Fundamentals Behind Spot Gasoline Price Surge
U.S. West Coast fuel market fundamentals in September combined in a unique way to push spot market differentials for California...
Gas & Diesel, Retail Market
Summer Gasoline Demand Struggled But Still Profitable
Now that the summer driving season has come to an end, the scorecard from OPIS shows what was a very...
Crude oil, Gas & Diesel, Spot Market
Ida’s Impact Likely to Be Measured in Weeks
Hurricane Ida, which made landfall as a Category 4 hurricane on August 29th packing strong winds and heavy rain along...
Distillates, Gas & Diesel, Spot Market
How OPIS Covers Chicago Spot Fuel Prices
The Chicago spot fuel market is complex, with gasoline, diesel, jet fuel and kerosene sourced via several pipelines.
Gas & Diesel, Mexico
As Gasoline Demand Wanes in the U.S., Mexico Provides a Long-Term Opportunity for U.S. Refiners
Gas & Diesel, Retail Market, Spot Market
Beyond Mid-May Motor Fuel Madness: Will Gasoline Supply Scrambles Persist?
The First Driver of the 2021 Motor Fuel Panic In mid-April, a special report by Oil Price Information Service (OPIS)...
Biofuels, Gas & Diesel, Spot Market
U.S. Regulatory Changes Alter Landscape for Summer Gasolines
On Jan. 1, the U.S. Environmental Protection Agency (EPA) Fuels Regulatory Streamlining Rule went into effect, and while some impacts...
Gas & Diesel, Spot Market
OPIS Chicago Location-Specific Spot Pricing Options: More Ways to Improve Your Bottom Line
In 2020, OPIS launched Chicago location-specific refined spot pricing assessments for Buckeye Complex, Wolverine Pipeline and West Shore/Badger Pipeline, providing...
Gas & Diesel, Spot Market
ANALYSIS: U.K., European Refinery Turnaround Activity Parting Ways in 2021
Continental Europe’s largest oil refineries do not plan to undertake full-scale maintenance in 2021, while by contrast, the U.K. will...
Gas & Diesel, Spot Market
Hard Brexit Would Shrivel Gasoline Flows Between UK and Europe
Time is ticking away to sign a Brexit deal, and the European gasoline market is bracing itself in case it...
Gas & Diesel, Retail Market, Spot Market
Hurricane Laura Aftermath; Pandemic-inspired Demand Reductions
*Editor’s Note: Hurricane Sally is expected to make landfall late tonight or Wednesday along the Mississippi-Alabama coast. As of 2...
Gas & Diesel
Connected Cars: The Future is Now for Gasoline Retailers
Connected car technology increasingly helps consumers choose where and when to buy fuel. This may be key for fuel retailers...
Gas & Diesel, Mexico
Coronavirus Clouds Mexico’s Energy Reform
COVID-19 spread during a critical year for the liberalization of Mexico’s downstream gasoline and diesel markets.
C-stores, Gas & Diesel
Memorial Day Gasoline Review: America Didn’t Crank Up Its Engines
Correct or not, Memorial Day is often the time we take the temperature of gasoline demand. How did 2020 stack...
Gas & Diesel
Fuel Prices and COVID-19: OPIS Blog Toolkit
Fuel prices in 2020 have been rocked by COVID-19 and an oil price war.
Crude, Gas & Diesel
Oil Spill Liability Tax Basics 2020 Update
The federal oil spill liability tax came back after a one-year hiatus. Here’s everything you need to know about what...
C-stores, Gas & Diesel
Q1 2020 Review: An Unprecedented Quarter for Gasoline Retailers
The first quarter of 2020 brought unprecedented challenges to the downstream petroleum industry, as coronavirus disease 2019 (COVID-19) began to...
Gas & Diesel
Gasoline Price Volatility and the 2020 RVP Season
Despite major fuel market disruptions caused by the coronavirus, summer gasoline season still approaches.
Gas & Diesel
COVID-19 Coronavirus: Bleak Math for Refiners
The outlook for U.S. refining operations is grim amid the downturn for futures and wholesale gasoline and diesel prices. Demand...
Gas & Diesel, Renewables
The Biodiesel Tax Credit: What Does the New Extension Mean?
The $1/gal federal biomass-based diesel blender’s tax credit (BTC) has been extended through 2022.
Crude oil, Gas & Diesel, Renewables
20 Oil Price Forecasts for 2020
Oil, gasoline, diesel and renewable fuels markets have started 2020 off with a bang. Here are 20 price-influencing factors identified...
Gas & Diesel
U.S. Gasoline Price Trends for Gulf Coast, Northeast and Midwest in 2020
U.S. gasoline prices in 2020 are expected to follow seasonal trends, but OPIS will keep an eye on supply and...
Gas & Diesel
U.S. Diesel Price Trends for Gulf Coast, Northeast and Midwest in 2020
Factors that will determine U.S. diesel price averages this year include the fallout from IMO 2020 regulations, the PES Refinery...
Gas & Diesel, Mexico
Mexico Energy Reform Could Be Put to the Test in 2020
Mexico is poised to test the foundations of energy reform in 2020.
California, Gas & Diesel
California Gasoline Prices Set for a Volatile Decade
Unpredictability and dramatic price movements characterized California gasoline prices in 2019. What is the state of Los Angeles and San...
Gas & Diesel, Mexico, Retail Market
A Decade of Change for Mexico’s Gasoline and Diesel Markets
Mexico has been the setting for one of the biggest energy stories of the past decade.
Gas & Diesel, Rack Market, Spot Market
How to Buy Wholesale Gasoline and Diesel Using Spot Market Prices
If you buy gasoline and diesel from a wholesale rack, keeping an eye on spot market prices may be your...
Gas & Diesel, Rack Market, Spot Market
How to Find (and Use!) Your Ideal Gasoline and Diesel Price Report
In the fuel business, price transparency is everything. But how do you know what level of price discovery is right...
Crude oil, Gas & Diesel, Mexico
Update: Mexico Oil and Gas Market Analysis
A sense of hope emerged for many Mexicans when Andrés Manuel López Obrador (AMLO) won the presidential election in July...
Crude oil, Ethanol, Gas & Diesel, Spot Market
Beyond Saudi Attacks: 4 Other Oil, Gasoline & Diesel Price Factors to Fear in 2020
Much of the oil, gasoline and diesel price direction in 2020 markets may be determined by whether the Middle East...
Futures Market, Gas & Diesel, Spot Market
How Hurricanes Cause Oil, Gasoline and Diesel Price Changes
Oil price volatility is just a sliver of the massive repercussions that can stem from hurricanes.
Crude oil, Gas & Diesel
Oil Prices in H2 2019: 6 Market Wild Cards to Watch
Oil prices love to improvise.
Gas & Diesel, Retail Market
Summer Driving Season: Is Gasoline Demand Rising or Falling?
Now that summer 2019 driving season is in full swing, gasoline demand moves into focus.
Gas & Diesel, Jet fuel, Spot Market
Gasoline, Diesel & Jet Fuel 2019 Midyear Price Update
Gasoline, diesel and jet fuel prices have been volatile in 2019. From political rhetoric to fundamentals, this year is shaping...
Gas & Diesel, Rack Market
Wholesale Gas & Diesel Terminal Owner Changes
The end of 2018 and the start of 2019 saw new owners for U.S. wholesale gasoline and diesel fuel terminals, with...
Carbon, Gas & Diesel, Rack Market, Retail Market, Spot Market
The California Gasoline Price Rally: What Happened, What’s Next
March and April 2019 were challenging months for California gasoline prices, with retail prices cresting $4/gal. OPIS’ Lisa Street and...
Crude oil, Gas & Diesel, Retail Market
Spring 2019 Oil, Gasoline & Diesel Price Trends: Video
May began with a bit of a thud in oil prices. What’s coming next?
Gas & Diesel, Spot Market
3 Reasons U.S. West Coast Gas & Diesel Prices Are Prone to Volatility
The U.S. West Coast spot gasoline and diesel market is no stranger to dramatic price increases. But, what uniquely makes this...
Gas & Diesel, Rack Market, Retail Market, Spot Market
Behind the California Retail Gas Price Spike: The Price Influence Chain in Action
Average retail gas prices in California have skyrocketed this spring, underscoring how the spot fuel market closely impacts prices at...
Biofuels, Gas & Diesel, Rack Market
Behind the Scenes: Anatomy of an OPIS Gas and Diesel Rack Price
Today we’re taking you behind the scenes at OPIS to show you how our team of analysts collect the wholesale...
Gas & Diesel, Mexico
Mexico Oil and Gas Market Analysis for Q1 2019
The first few months of President Andres Manuel Lopez Obrador’s (AMLO) six-year term have brought some extreme changes in the Mexican...
Gas & Diesel, Rack Market, Spot Market
Gasoline Price Volatility and the 2019 RVP Season
It’s almost spring (never mind that snow!), but the gasoline market is already thinking summer.
Gas & Diesel, Retail Market
Retail Gasoline Profits Set Records in January 2019
January can be a cruel month for gasoline retailers. It inevitably brings the lowest demand of the year but often higher...
Crude oil, Futures Market, Gas & Diesel, Retail Market
Oil Prices in 2019: A Quick Video Preview
The year 2019 is already in progress, with headlines dropping daily that rattle the geopolitical chain and stand to keep...
Gas & Diesel, Jet fuel, Spot Market
Jet Fuel Prices in 2019 to React to Crude, IMO, Strong Demand
For the past two years, consumption of jet fuel by U.S. airlines has been strong, meaning that the annual pace...
Gas & Diesel, Spot Market
2019 Gasoline and Diesel Prices by Market
Oil price futures are poised for a volatile 2019, if the end of 2018 is any indication. What will that...
Crude oil, Gas & Diesel
2018 Oil Price Recap: Looking Back at an Oddball Year
2018 was one of the odder years in recent oil price memory for several key reasons.
Gas & Diesel, Mexico
What’s Next for Mexico Gasoline and Diesel Fuel Storage
Mexico is poised to make a dent in a major challenge facing the transportation fuels market – terminal storage capacity.
Crude oil, Gas & Diesel
Video: Black Friday Sets Lows for Crude, Gas & Diesel Prices
Popular electronics weren’t the only things sporting discounts on Black Friday. Crude oil, gasoline and diesel prices also hit lows.
Crude oil, Gas & Diesel, Retail Market
Video: Why Are Retail Gas Prices Lower and How Long Will It Last?
OPIS noted prices at retail gas stations this autumn below $2/gal. It wasn’t a common price tag, but overall there...
Gas & Diesel, Jet fuel
Gasoline, Diesel & Jet Refining: Geography Creates Winners & Losers
“It was the best of times; it was the worst of times . . . “
Futures Market, Gas & Diesel
Video: Gasoline Futures Prices Drop, But Spot Market Resilient
Oil and gasoline futures prices tumbled last week, largely linked to a drop in the equities market. But, the NYMEX...
Gas & Diesel, Retail Market
Retail Gasoline Market Snapshot Q3 2018
The third quarter of 2018 showed improvement in retail gasoline price margin performance compared to a year ago. Here are...
Crude oil, Futures Market, Gas & Diesel
Video: Early Fall Fuel Price Analysis
OPIS’ Chief Oil Analyst Denton Cinquegrana updates you on the trends he’s watching at the start of fall 2018.
Crude oil, Gas & Diesel, Spot Market
Crude Oil Price Trend Analysis for 2019
The year 2019 may set the stage for a transformative decade, with crude oil prices looking capricious and unstable. Here...
Futures Market, Gas & Diesel, Rack Market
How Diesel Price Hedging Can Guard Against Rising Values
Diesel is the fuel of economic growth both domestically and abroad. The diesel prices you pay are influenced by many factors...
Crude oil, Gas & Diesel, Retail Market
Video: Wrapping Up Summer Oil and Gasoline Prices
Summer 2018 started out with the promise of oil volatility and a rocky ride at retail gas pumps. But, did it...
Gas & Diesel, Rack Market, Spot Market
What Makes Gasoline Prices Go Up & Down?
Congratulations! You’ve planned an impromptu weekend getaway! The car is packed. Kids’ iPads are charged. Last thing you need to...
Gas & Diesel, Rack Market, Spot Market
Improve Gasoline and Diesel Buying with This Surprise Strategy
If you are one of the hundreds of thousands of buyers that pull gasoline and diesel from one of the...
Gas & Diesel, Rack Market
Wholesale Fuel Terminal Owners: Who’s In, Who’s Out?
The first half of 2018 saw many new owners for U.S. wholesale fuel terminals, with oil companies coming in and moving...
Biofuels, Gas & Diesel, Rack Market
Wholesale Fuel Pricing: An Inside Look
Your wholesale rack report is filled with critical fuel prices. But where do they come from?
Gas & Diesel, Retail Market
Retail Gasoline & Diesel Prices See Difficult Spring Profit Margins
Gas station operators, distributors and retailers were likely glad to see spring 2018 fade into the past.
Gas & Diesel, Retail Market
Retail Fuel Station Acquisitions Still Red-Hot: Thorntons for Sale?
Mergers & acquisitions have changed the face of the modern retail fuel marketplace. It’s a trend that appears here to...
Gas & Diesel, Jet fuel, Spot Market
How OPIS Assesses New York Harbor Spot Fuel Prices
Gasoline, diesel and jet fuel trade in the New York Harbor spot market on a full-day basis, with price swings...
Gas & Diesel, Retail Market
Gasoline Price Forecast Summer 2018
Baby, you can drive my car – if you’ve got $2.75-$3 per gallon this summer.
Gas & Diesel, Spot Market
Diesel Fuel Prices Set to Soar This Summer: Three Forecasts
Summer 2018 could get to be a hot one for diesel fuel. High diesel prices are in the forecast, given...
Gas & Diesel, Rack Market
Fuel Specifications Explained
You may think that all fuel is alike – but it’s not. So, what exactly is fuel specification?
Crude oil, Futures, Gas & Diesel
What the Seven and Seven Oil Cocktail Means For Price Forecasting
The Seven-and-Seven Oil Cocktail Oil pundits predicting a return of $75/bbl or higher benchmark crude prices are delusional. They are...
Gas & Diesel, Jet fuel
ExxonMobil Trading Strategy Shift Focuses on Refined Products
Seismic strategic changes are in progress for the world’s largest oil major, ExxonMobil.
Gas & Diesel, Rack Market, Spot Market
Gasoline Price Volatility and the Spring RVP Transition
Spring has sprung – Nor’easters blanketing a huge swath of the United States in snow notwithstanding – but the gasoline...
Gas & Diesel, Spot Market
Summer Gasoline Prices Potentially Bullish
It may be the middle of the winter season, but some U.S. gasoline traders are already looking ahead to summer. And...
Gas & Diesel, Spot Market
2018 Gasoline and Diesel Prices by Market
The year 2017 saw gasoline and diesel prices shaped by ever-volatile underlying oil prices, supply-and-demand-crippling meteorological events and the push...
Crude oil, Gas & Diesel, Retail Market, Spot Market
A Tale of 2 Seasons: Factors That Shape Fuel Prices During Hurricanes
No two storms are created equal. The unique landfall of every storm is one of the most important factors and critical...
Gas & Diesel, Mexico, Rack Market, Spot Market
Mexico Fuel Price Liberalization Map
Following passage of energy reforms in late 2013, Mexico’s upstream and downstream gasoline and diesel markets are opening to private investment...
Electric Vehicles, Gas & Diesel, Retail Market
Post-Petroleum World Hinges on China Electric Car Market
The Netherlands is the latest country to set a date for the demise of the internal combustion engine, joining France,...
Crude oil, Gas & Diesel, Retail Market
2017 Year-End Oil Market Trends to Watch
Don’t expect the last 70 days in the 2017 petroleum markets to match the drama witnessed summer into fall. Storm...
Electric Vehicles, Gas & Diesel, Renewables, Spot Market
Strange Bedfellows? Biofuel Producers and Refiners Find Common Foe
Could the ancient proverb “the enemy of my enemy is my friend” point the way toward a rapprochement between U.S....
Crude oil, Gas & Diesel, Jet fuel, NGL & LPG, Spot Market
Popping the Bubble of Fuel Freight Rates
Crude oil and refined product futures prices have been sliced in half since the oil price renaissance of 2011-14, but...
Gas & Diesel, Retail Market
Why Top Tier Gasoline is More Than Just Hype
Top Tier gasoline, containing detergent additives aimed at reducing gunk in your engine, has often been dismissed as hype on...
Gas & Diesel, Rack Market
The Lowdown on Typical Payment Terms in Your Fuel Report
OPIS wholesale rack reports were created to provide a font of information about the markets from which you purchase fuel....
Gas & Diesel, Rack Market
How To Read Your Wholesale Rack Report
Your wholesale rack report is an invaluable tool to help you make sure you are not being overcharged by your...