OPIS Daily Crude Oil Spot Pricing provides direct access to daily crude oil prices, eliminating the need for time-consuming communication with bulletin information hotlines. This service covers all major refiners in the U.S., offering data on over 600 grades and locations. Refiners, producers, traders, and accounting departments can leverage OPIS crude oil price data to enhance operational efficiency and maximize profits. Production companies can identify which companies consistently pay the most for their barrels, maximizing revenues. Refiners can quickly understand their position relative to other refiners in the U.S. market. Traders gain insights into geographical differentials for informed trading decisions. Accounting and billing departments can use customized raw data feeds for direct input into their billing systems or refinery pricing models. The data is delivered via email or FTP in .txt or .csv format.

Features:

OPIS Daily Crude Oil Spot Pricing provides key features and benefits for various users:

• Production companies maximize revenues by identifying which companies are consistently paying the most for their barrels.
• Refiners can quickly and easily understand their position relative to other refiners in virtually any U.S. market.
• Traders gain an understanding of geographical differentials as a basis for the day’s trading activities.
• Accounting and billing departments use customized raw data feeds for input directly into their billing systems or refinery pricing models.