The OPIS Temperature Correction Assessment Report adjusts for changes in the amount of delivered fuel volumes due to temperature fluctuations. Every degree above or below the industry’s reference temperature of 60 degrees Fahrenheit affects the net amount of fuel delivered.
This report helps wholesale fuel buyers and sellers avoid financial risk and create accurate contracts that accommodate for temperature shifts. View the Temperature Correction Assessment Report fact sheet.
Using a proprietary formula derived from previous day weather information and OPIS rack prices, this daily report shows assessed values at rack locations in 34 states.
Try the Temperature Correction Assessment Report free for 10 days. You’ll receive a daily file via email.
Does your fuel supply contract account for temperature? Should it? Watch the video to understand more about gross and net billing and learn how the wholesale fuel sector handles fluctuating fuel volumes due to temperature.
The OPIS Temperature Correction Report is an independent, third-party reference that wholesale buyers and sellers can rely on for transparent and fair pricing. Test it out free for 10 days.