OPIS provides spot pricing for refined oil products, renewable fuels, LPG, petrochemicals, and refinery feedstocks. The spot energy market is a critical link in the price influence chain because it sets the basis for cost-plus formula deals between suppliers and end users. It also forms the rationale for wholesale fuel price moves every day at 6pm at wholesale racks across the U.S. – which then impacts price increases or decreases at the retail pump. OPIS is the accepted benchmark for oil spot pricing, with robust price-discovery methodologies compliant with IOSCO principles and European Union Benchmark Regulation (BMR).

Features:

• U.S. West Coast refined oil products: The West Coast Spot Market report is the definitive source for daily gasoline, diesel and jet fuel prices. Real-time price changes are tracked and displayed live on the OPIS Spot Ticker.
• U.S. NGLs & LPG: Spot prices for propane, normal butane, isobutane, ethane and natural gasoline in the U.S. energy market are pegged to OPIS, making our prices essential for conducting business in U.S. LP markets.
• U.S. RINs and ethanol: Daily ethanol and biofuels pricing, news and analysis keep stakeholders on top of changes that influence pricing as well as regulatory and legislative developments. OPIS also provides RINs and carbon credit prices for parties obligated under climate change legislation and the RFS2.
• Refinery feedstocks: International Feedstocks Intelligence Report is the key pricing source for U.S. VGO, naphtha and light cycle oil, helping you determine how products trade globally.
• Petrochemicals: PetroChem Wire Daily report provides benchmark petrochemicals pricing and timely market information each business day. Weekly reports include Recycled Plastics and a Week in Review delivering a summary of the week’s activity in key US chemical and plastic markets.