OPIS WebRacks provides flexible online access to gasoline and diesel rack prices, enabling users to stay informed about intraday price changes. This tool is designed to give you more control over when and where you access gasoline, diesel, and biodiesel rack prices from hundreds of U.S. rack locations. By providing continual awareness of price swings, OPIS WebRacks allows you to adjust your wholesale fuel purchasing strategy, cut unnecessary costs, and save money. It offers key features and benefits such as increased market visibility for competitive pricing, easy reconciliation of invoices with a benchmark price reference, quick reaction to intraday price swings, access to five days’ worth of historical data, and insights into which suppliers are changing prices and how often. The Spot Replacement Index (SRI) helps factor in delivery costs for spot product, and the OPIS Smart Rack tracks retail prices to determine average margins for competitors. Reports are available in standard and detailed terminal formats, as well as in gross and net payment terms. Users can select from 12 timed updates throughout the day, including 3 OPIS benchmarks.

Key Features and Benefits:

• Search for competitive pricing and keep suppliers honest with increased market visibility.
• Reconcile your invoices and create supply agreements easily with a benchmark price reference.
• React to intraday price swings quickly for better purchase timing.
• Identify price trends with access to five days’ worth of historical data.
• Know which suppliers are changing prices and how often.
• When reconciling invoices or conducting deals, use the information in our Spot Replacement Index (SRI) to factor in delivery costs for spot product delivered to a particular rack.
• Includes the OPIS Smart Rack, which tracks retail prices to determine average margins for your competitors.
• Reports are available in both OPIS standard (one price per supplier per market) and detailed terminal (multiple prices per supplier per market) formats.
• Reports are available in both gross (straight wholesale price) and net (with prompt payment discounts included) payment terms.
• Select from any of 12 timed updates throughout the day, including 3 OPIS benchmarks.
• Rack prices are also available via email or in real-time.