OPIS Gasoline, Diesel & Biodiesel Rack Prices

Benchmark gasoline, diesel and biodiesel rack pricing for fair and accurate supply deals.

Benchmark OPIS rack prices are used in wholesale transactions to give both parties an independent and unbiased price to reference. These posted prices are crucial to any wholesale rack deal with your suppliers to ensure fairness.

Try the gasoline & diesel rack report or biodiesel rack report free for 5 days. Delivery is via email or FTP.

Gasoline & Diesel Rack Report Trial

Biodiesel Rack Report Trial

View the wholesale rack fact sheet.

 

Key Features and Benefits:

  • Negotiate and benchmark profitable fuel contracts.
  • Reconcile invoices and find best pricing and keep suppliers honest.
  • Measure company performance against the competition.
  • OPIS Biodiesel Racks are available in over 200 wholesale rack locations. Prices are posted with and without RINs by percentage of biodiesel blend (B100, B99, B90, B80, B50, B40, B30, B25, B20, B15, B11, B10, B6, B5, B4, B3, B2, B1 and B0-5) and by feedstock (soy, yellow grease, rapeseed, animal fat, palm oil, brown grease, camelina, cottonseed oil or multiple feedstocks). View a sample biodiesel rack report.
  • If you need more flexibility than a daily email or need to check pricing updates several times a day, OPIS rack price delivery is available on the web and in real time.
  • Available in OPIS standard (one price per supplier per market) and detailed terminal (multiple prices per supplier per market) formats.
  • Available in both gross (straight wholesale price) and net (with prompt payment discounts included).
  • Select from a traditional report (1 unleaded, 1 midgrade and 1 premium set of prices, averages and benchmarks) or octane detail (prices, averages and benchmarks for all unique octanes in a particular grade).
  • OPIS Spot Mean shows the average spot price for product before shipping.
  • OPIS Spot Replacement Index (SRI) factors in the delivery costs to get a spot product delivered to a particular rack.
  • OPIS Smart Rack shows the average and low retail prices in your market.
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OPIS Rack Benchmark Times Explained

OPIS Contract Average: A snapshot of the average of all supplier postings in each OPIS rack market at approximately 10:00 a.m. eastern time. The snapshot includes all price moves from 6:00 p.m. the prior day up until the price file is frozen at approximately 10:00 a.m. (Example: The January 8th Contract Average encompasses all price moves that were made at 6:00 p.m. January 7th up until approximately 10:00 a.m. January 8th.)

OPIS Closing Average: A snapshot of the average of all supplier postings in each OPIS rack market by 5:59 p.m. eastern time. The snapshot includes all price moves from 6:00 p.m. the prior day until the price file is frozen by 5:59 p.m. (Example: The January 8th Closing Average encompasses all price moves that were made at 6:00 p.m. January 7th up until we freeze the prices no later than 5:59 p.m. on January 8th. It does not include any price moves made at or later than 6:00 p.m. on January 8th.)

 

OPIS Calendar-Day Average: A snapshot of the average of all supplier postings in each OPIS rack market at 11:59 p.m. eastern time. The snapshot includes all price moves from 12:00 a.m. (midnight) until the file is frozen at 11:59 p.m. (Example: The January 8th Calendar-Day Average encompasses all price moves that were made at 12:00 a.m. on January 8th up through 11:59 p.m. on January 8th. Hence, it is an average of all prices on that calendar day.)

For all three benchmarks, OPIS “freezes” supplier prices and averages by rack at key time intervals so buyers and sellers can index their purchases at a fixed point in time. Branded and unbranded lows, highs and averages for all suppliers are included.

Get more details about the information in your OPIS rack report

“Using OPIS Racks as a benchmark gives our customers confidence that they are not being misled about base cost. It builds trust. Additionally, many public entities in our area base contracts on OPIS to justify price changes to their auditors.”
Eric Ellis Owner, Ellis Oil Company
“OPIS Racks are critical to our fuel purchasing process. We use the OPIS data to review our agreements with our various suppliers. This allows us to quickly and efficiently reconcile our invoices.”
John Jepsen Director of Energy Management, US. Foods
“Musket is a long-time user of OPIS Racks as it plays an important role in our day-to-day operations. The information is used to give Musket a bird's eye view of specific markets and to accurately price in a very competitive world. OPIS's commitment to sending timely and accurate data will help keep Musket competing in the future and beyond.”
Debbie Barnhill Fuel Pricing Supervisor, Musket Corporation