If you buy gasoline and diesel from a wholesale rack, keeping an eye on spot market prices may be your key to saving
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.
Recent Posts
August 20, 2018
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Spot Market, Rack Market, Gas & Diesel
If you are one of the hundreds of thousands of buyers that pull gasoline and diesel from one of the United States’ myriad
September 13, 2017
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Rack Market, Gas & Diesel
Fuel is a must-have for end users like municipalities and school districts. But, procurement is not straightforward.
September 12, 2017
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Retail Market
The retail portion of the fuel chain is the most visible to the general public and likely the most complex to navigate.
September 12, 2017
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Rack Market
Once fuel leaves the refinery gate, the next step in the price chain is the wholesale rack.
September 11, 2017
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Spot Market
Spot fuel markets are where gasoline, diesel, jet fuel and other commodities get a physical price tag.