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A closer look at key topics in the spot, rack and retail markets of the downstream petroleum industry.

Scott Berhang

Scott is an oil industry veteran with more than 30 years of experience covering wholesale gasoline and diesel fuel markets, spot markets, and industry news. Scott developed the OPIS West Coast Spot Market Report, whose spot prices have been the industry benchmark for over 20 years. Scott also speaks at various industry events teaching fuel buyers the latest strategies on how to purchase rack and spot barrels more effectively.
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Recent Posts

Diesel, Gasoline, Spot Market, Rack Market

Improve Gasoline and Diesel Buying with This Surprise Strategy

If you are one of the hundreds of thousands of buyers that pull gasoline and diesel from one of the United States’ myriad

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Diesel, Gasoline, Rack Market

8 Insider Tips for Writing Better Fuel Bids

Fuel is a must-have for end users like municipalities and school districts. But, procurement is not straightforward.

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Retail Market

Pricing 101 Part 4: Demystifying Retail Fuel Prices and Players

The retail portion of the fuel chain is the most visible to the general public and likely the most complex to navigate.

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Rack Market

Pricing 101 Part 3: Wholesale Rack Fuel Pricing Essentials

Once fuel leaves the refinery gate, the next step in the price chain is the wholesale rack.

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Spot Market

Pricing 101 Part 2: Spot Fuel Markets Made Simple

Spot fuel markets are where gasoline, diesel, jet fuel and other commodities get a physical price tag.

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Futures, Oil Market Basics, Spot Market, Rack Market

Pricing 101 Part 1: Your Basic Guide to Pricing Gasoline and Diesel

Buying refined products, renewables and LPG is confusing even for seasoned pros. We're here to help.

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