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Sunday, May 20, 2012 9:48 AM ET  

OPIS Real Time Racks - Nothing is faster than now

Monitor Rack Price Changes as They Happen

  Click to Start Your Free Trial

With real-time pricing, convenient web access, and instant email and text notifications, OPIS Real-Time Racks gives sellers and buyers the power to maximize their profit potential by making informed decisions based on the most up-to-the-minute price.

This brand-new service allows suppliers to quickly react to competitors' price moves to protect their volumes and profits. Buyers can see what direction prices are moving and know exactly where prices are when they buy.

Nothing else provides rack price updates faster than OPIS Real-Time Racks. This never-before seen level of market visibility is available in more than 390 wholesale locations in both OPIS standard (one price per supplier per market) and detailed terminal (multiple prices per supplier per market) formats. It's guaranteed to revolutionize how fuel is bought and sold.

OPIS Real-Time Racks "Rack View"

The "Rack View" allows users to see rack pricing by supplier and product for each market. Like all OPIS racks, prices are available in gross or net and standard or terminal formats.

Real Time Racks sample

OPIS Real-Time Racks "Move Log"

The "Move Log" provides a chronological listing of all price moves. Filtering and sorting options include:

  • City
  • State
  • Supplier
  • Product
  • Price Change
  • New Price
  • Local Effective Time
  • PADD
  • Fuel Type


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Real Time Racks Move Log
Click to see full-size image.


Rack Formats

OPIS Standard Display (view sample here) includes only one terminal location per supplier based on the location where product is priced the most competitively and where the majority of customers in a particular city lift barrels. This allows the OPIS contract summary data, especially the contract average, which is widely used as a benchmark, to have a consistent methodology and avoid being manipulated by a supplier in a given city. OPIS verifies this data each day to ensure consistency and accuracy in calculating contract averages for benchmark purposes.

OPIS Terminal Display (view sample here) includes multiple-supplier listings for individual cities, even if a supplier consistently posts the same price at multiple terminals in a given metropolitan area. OPIS Terminal Display includes all terminal locations for any rack city to provide full supplier coverage.


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