OPIS Blog

April 12, 2024
Carbon

Analysis: Higher Chances of UK-EU Carbon Markets Linkage Under Labour Government

The benchmark European Union carbon emissions allowance has traded at a premium to its British counterpart for over a year,...

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April 11, 2024
Carbon

High Costs, Geopolitical Risks Impede Blue Carbon Removal Projects

Demand for voluntary blue carbon credits from companies seeking to fulfill net zero pledges has surged in recent years, but...

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March 21, 2024
Gas & Diesel, Rack Market

Why Do Gasoline Prices Climb in the Spring? A Look at RVP

As the weather warms up with summer on the horizon, US gasoline prices will likely follow the season’s temperatures and...

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March 15, 2024
Carbon, Renewables

Voluntary Carbon Markets Stakeholders Play Hot Potato With Market Risk

With the integrity of carbon offsetting under fire, buyers are looking to lock down the forward delivery of high-quality credits...

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March 12, 2024
Spot Market

Midwest Spot Fuels Market Has Murky E15 Outlook

US Midwest spot refined product market participants entered 2024 with major questions over how EPA will handle a 2022 request...

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March 8, 2024
Renewables

Oversupply in China Weighs on Prices across the Solar Value Chain

The prices of the solar supply chain continued to hit new lows in 2023 due to overcapacity in China. The...

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March 6, 2024
Carbon

In Opaque REDD+ Markets, Identical Credits Can Fetch Diverse Prices

Buyers and sellers of voluntary carbon credits have, in recent months, begun to value offsets issued from the same projects...

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March 1, 2024
Petrochemicals

USGC Polyethylene Exports Set New Record as More Supply Looms

US polyethylene (PE) spot prices finished 2023 flat to 3cts/lb lower than a year earlier as producers increased exports to...

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February 26, 2024
NGL & LPG

European LPG: Navigating the Energy Transition and Regulatory Market Shift

With the implementation of a European Union ban on Russian liquefied petroleum gas (LPG) transitioning over the next 12 months,...

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February 20, 2024
Renewables

Renewable Energy Certificates Supply Constraints Showing Some Signs of Easing

Many of the conditions that limited the supply of renewable energy certificates in 2023 could begin to ease in 2024,...

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February 12, 2024
LNG

Delayed LNG Terminal Starts to Limit US Export Capacity Growth

The US LNG industry experienced an up-and-down 2023 and 2024 will likely continue with more of the same. Recently, there...

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February 6, 2024
NGL & LPG

Higher US Propane Exports Key to Offsetting Growing Output in 2024

For much of 2023, the US propane industry dealt with high inventories, strong production and weak demand, and NGL market...

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February 1, 2024
Crude oil, Natural Gas

True Costs of EU’s Russian Diesel Ban Emerge One Year Later

Twelve months ago, on Feb. 5, 2023, the European Union effectively relinquished its main source of diesel supply by implementing...

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January 31, 2024
Carbon

Nature-based Carbon Removal Credits: Slow Growth Expected Despite Record Demand

Nature-based carbon removals projects can create valuable credits that command price premiums over avoidance and reduction credits. But they are...

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January 26, 2024
Ethanol

US Ethanol Industry Explores Avenues for Expanding its Markets

While margins on fuel ethanol production through 2023 remained mostly positive and, by most accounts, were profitable for long stretches,...

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January 23, 2024
Petrochemicals, Propylene

Polypropylene 2024 Demand Outlook

The US polypropylene (PP) industry was buffeted by weak demand in 2023, and that may well continue in 2024. The...

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January 16, 2024
Jet fuel

Jet Fuel Demand Continues to Recover in 2024 as Sustainable Aviation Fuel Use Increases

US jet fuel demand in 2023 continued to recover from the COVID-19 pandemic, and the commercial airline industry began to...

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January 10, 2024
Bunker fuel

Another Challenging Year in Store for the Bunker Industry

The marine fuels market has been tested each year since the turn of the decade by tighter emission regulations, higher...

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January 3, 2024
Carbon

North American Carbon Markets Start 2024 on Bullish Note

Many of the fundamentals that drove North American compliance carbon market prices to record highs in 2023 — including formal...

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December 28, 2023
Carbon

UK May Change Law to End Free Carbon Allowances Loophole

The British government is considering introducing legislation to close a loophole in its Emissions Trading System, which has resulted in...

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December 20, 2023
NGL & LPG

Shipowners Eye More LPG Trade in 2024

With export capacity from the US expected to further increase in 2024, shipowners are upbeat about the possibility of more...

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December 19, 2023
NGL & LPG

Interview: Morocco Set to End Decades-Long LPG Subsidies from April 2024

Starting in April 2024, the Moroccan government will end all subsidies on liquefied petroleum gas (LPG) that have been in...

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December 14, 2023
Carbon

Report From COP28 – How Climate Change Is Transforming Business

Hear observations from the scene at COP28 on how climate change and the energy transition are transforming companies. McCloskey analyst...

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December 4, 2023
NGL & LPG

Interview: Italian LPG Association Gears Up for EU 2026 Engine Ban Review

Ahead of the European Union’s ambitious proposal to ban the sale of new gasoline and diesel internal combustion (IC) engine...

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November 8, 2023
Biofuels, Jet fuel

What’s Behind the Thirst for Sustainable Jet Fuel and Diesel

Sustainable aviation fuel and renewable diesel don’t make as many headlines as other renewables, but they are critical to the...

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November 3, 2023
Carbon

NGOs Push For Free EUAs to Cover Scrap in Steel and Clinker-less Cement Production

Non-governmental organizations (NGOs) are pushing for operators in the European Union who use scrap metal in steel production and clinker...

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November 1, 2023
Renewables

A Hydrogen Primer: Definitions and Sustainability 101

by Alex Barnes, Independent Consultant and Director of Alex Barnes & Associates Hydrogen Definitions and Why They Matter Hydrogen produces...

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October 18, 2023
Biofuels, Renewables

Interview: Repsol Gears Up to Start Producing SAF at Cartagena Refinery

Spanish energy company Repsol is preparing to start production of sustainable aviation fuel (SAF) with a new 250,000 metric tons/year...

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October 11, 2023
Mexico

Pemex in Transition: What to Expect as Lopez Obrador’s Term Ends

As Mexican President Andres Manuel Lopez Obrador’s administration begins its final year, doubts are rising over whether the government can...

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October 3, 2023
Carbon

CBAM 101: The EU’s Carbon Border Adjustment Mechanism Explained

Starting Oct. 1, 2023, importers of downstream products including iron, steel, aluminum, electricity, fertilizers, cement and hydrogen into the European...

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September 29, 2023
Carbon

CapCO2 Solutions CEO Extols Virtues of Green Methanol

Carbon capture and sequestration technology has been heralded by some as a savior for the US ethanol industry, but CapCO2...

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September 25, 2023
Jet fuel

Mid-2023 Brings Boost in Air Travel on US West Coast

Passenger traffic totals at Los Angeles International Airport (LAX) in July 2023 reached 7.308 million, representing a 15.17% increase compared...

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September 15, 2023
Crude oil

Analysis: Latest Rise to $90/bbl Crude Underscores Dramatic Downstream Changes

On September 14, 2023, front month WTI futures surpassed $90/bbl for the first time since November 2022.

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September 13, 2023
Carbon

Six Idle EU Cement Plants Received $95 Million in Surplus Free EUAs

Six European Union-based plants operated by five cement industry giants — Holcim Group, CEMEX, Buzzi Unicem, Votorantim Cimentos and Cementos...

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September 11, 2023
Crude oil

European Refineries Reduce Output Amid Loss of Russian Crude and Hot Weather

The loss of access to Russian crude and unusually high summer temperatures have curbed output of oil products from European...

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August 25, 2023
C-stores, Gas & Diesel

Top Retail Fuel Station Brands Revealed

An updated report for 2022 on the top retail gasoline and diesel chains in the country showed surprising results. Here...

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August 21, 2023
NGL & LPG

Midstream Merger Mania Sees ‘Coastal’ Majors Absorb Landlocked Gatherers

A consolidation frenzy in the midstream sector is seeing integrated majors snap up gathering and processing firms active in America’s...

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August 17, 2023
Mining

Cobalt, Congo and the Mining Conundrum

Cobalt, one of the main minerals used in battery technology, is a key component of the energy transition to carbon...

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August 9, 2023
Gas & Diesel

European Diesel Cracks Soar Amid Tight Supply and Refinery Outages

Prices and cracks for diesel and other oil products surged in late July and early August, reflecting tight supply and...

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August 3, 2023
Gas & Diesel, Rack Market

7 Things You Don’t Know About Your Wholesale Fuel Rack Report

If you are reading this, chances are good that you have recently started subscribing to one of our rack services...

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July 28, 2023
Carbon

CreditNature Interview: Nature Markets Require Pioneer Buyers to Grow

Nature markets are still in their infancy, but the Kunming-Montreal Global Biodiversity Framework agreed by almost 200 nations at COP15...

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July 26, 2023
Petrochemicals

The Changing Face of the European Toluene Contract Price Mechanism

To CP or not to CP – that’s the question. Or is it? Participants in the European toluene market seem...

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July 20, 2023
Mexico

Mexico Price Analysis: Monterrey’s Proposed Lower RVP Fuel Specification

The government of the Mexican state of Nuevo Leon has proposed a change in the gasoline grade for the Monterrey...

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July 18, 2023
Petrochemicals

Dow Plaquemine Blast: What We Know

The flames that lit up the night sky at Plaquemine, Louisiana, on July 14, 2023, have died, the fire associated...

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July 12, 2023
Carbon

UK Carbon Market Amply Supplied Despite Reform Cutting Allowances

The British government announced amendments to its emissions trading system (UK ETS) on July 3, 2023, that would cut the...

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July 11, 2023
Crude, Crude oil

Robust USGC Crude and Fuel Exports to Continue

Industry leaders expect U.S. Gulf Coast crude exports to remain high in the coming years, maintaining that global prices should...

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July 7, 2023
Jet fuel

Jet Fuel Pricing 101

The U.S. produces roughly 1.5 million to 1.75 million barrels per day of jet fuel, and while that is much...

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July 5, 2023
Renewables

Cepsa Aims to Lead Competitive Pricing for Green Hydrogen in Europe

Europe is striving to meet its targets in the journey to renewable energy and decarbonization as momentum in green hydrogen...

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June 27, 2023
Renewables

Historic Highs for PJM REC Prices Driven by Soaring Demand and Slow Queues

A tangle of factors pushed prices for renewable energy certificates serving the PJM Interconnection to historic highs in Q2 of...

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June 26, 2023
Renewables

Europe Needs Inflation Reduction Act-Like Scheme to Keep Solar Dream Alive

Europe is running out of time to implement a large-scale support scheme, comparable with the U.S. Inflation Reduction Act (IRA),...

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June 22, 2023
Carbon

Three Idle UK, French Plants Allocated $127 Million in Free Carbon Permits

Three European facilities operated by Saudi Arabian chemical giant SABIC, U.K. conglomerate INEOS and French oil major TotalEnergies received a...

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June 14, 2023
Carbon, Rack Market

Cap and Trade Costs at the Rack: The Basics for Fuel Buyers

“Cap and trade” is a regulation designed to reduce greenhouse gases by setting a firm limit – or cap – on...

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June 9, 2023
Gas & Diesel, Renewables

What Is California’s Crude CI Deficit & How Does It Affect Fuel Prices?

California this year added a new layer of compliance costs under its Low Carbon Fuel Standard (LCFS) program, forcing so-called...

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June 2, 2023
Petrochemicals

Asia Remains Key to U.S. Polyethylene Industry’s Export Strategy

US polyethylene producers have a domestic demand problem, with year-to-date sales to North American customers off nearly 9%, according to...

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June 1, 2023
Carbon

REDD+ Project Hedges Against Drought and Weakening Carbon Markets

Despite criticisms of REDD+ projects and a decline in related carbon credit prices this year, offsets issued by the Kasigau...

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May 26, 2023
Futures Market, Gas & Diesel, Retail Market

Year-on-Year Fuel Disinflation Likely to Reach Epic Proportions

Thanks to irrational exuberance on the part of oil speculators in the spring of 2022, comparisons for key fuels in...

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May 24, 2023
Gas & Diesel, Rack Market

My OPIS Is Wrong: The Case of the Missing Rack Price Hours

OPIS customer service super sleuth Regina Flake barely had time to put down her coffee when the call came in...

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May 19, 2023
Renewables

Prospective Atlantic Offshore Wind Could Flood REC Markets and Drive Down Prices

The offshore wind power that has been solicited by U.S. East Coast states, if and when it is constructed, has...

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May 18, 2023
Carbon

Washington Cap-and-Invest: After Splashy Debut, What’s Next? 

Washington’s highly anticipated Cap-and-Invest Program is well underway and building momentum as the state’s carbon emitters gain clarity on market...

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May 5, 2023
Oil Market Basics, Retail Market

Pricing 101: 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...

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May 2, 2023
Carbon, Renewables

Unprecedented Focus on Biodiversity Spurring Nature Credit Markets

Celebrations, tens of thousands of church bells ringing across the land and a riot of color will mark King Charles...

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April 27, 2023
Carbon, Spot Market

Charting Growth in Carbon Markets Across the Asia Pacific

Carbon markets are increasingly being seen by countries in the Asia Pacific as a tool to reach decarbonization goals, and...

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April 25, 2023
Renewables

Growing the Global Hydrogen Market: Interview with Shearman & Sterling

Global law firm Shearman & Sterling LLP believes that more incentives are needed to develop a strong business case for...

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April 24, 2023
Carbon

With Proceeds from Carbon Offset Credit Sales, Marungu Votes for Shade

Residents of Marungu voted on April 20 that the money allotted to them from the sale of carbon offset credits...

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April 17, 2023
Gas & Diesel

Is Europe Beyond Peak Diesel Demand?

Diesel and gasoil consumption in the European Union and the U.K. stayed flat in 2022 despite the end of most...

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April 14, 2023
Petrochemicals, Plastics

Earth Month Special Report: Turning Plastic Trash Into a Commodity

Despite efforts to reduce plastic waste, the world’s rubbish pile continues to build.

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April 4, 2023
Gas & Diesel, Mexico

Mexico 101: Illegal Fuel Imports and Blends

Mexico in recent years has been battling illegal fuel imports and illicit blending of refined products, practices that pose a...

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March 31, 2023
Biofuels, Renewables

Interview: Third Generation Biofuels to Take Off After 2030

The energy transition is forcing companies to come up with new products and systems to reduce carbon emissions. Within the...

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March 29, 2023
Renewables

Effects of Inflation Reduction Act on Renewable Fuels Industry

There has been no shortage of praise from the renewable fuels industry to President Joe Biden signing into law last...

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March 24, 2023
NGL & LPG, Spot Market

The Only Chart You Will Ever Need to Convert Global NGLs

Anyone working in the gas liquids market knows the need (and hassle) to convert global NGLs. NGLs — a.k.a. ethane, propane,...

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March 23, 2023
Renewables

Interview: Challenges and Opportunities in the Emerging Hydrogen Market

At the Americas Hydrogen Summit, OPIS spoke with Jon André Løkke, president of industry group Hydrogen Europe, about the future...

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March 16, 2023
Rack Market

Pricing 101: 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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March 14, 2023
Gas & Diesel, Rack Market, Spot Market

Refinery Mixology: What’s in Your Gasoline?

Fun fact of the day: refiners, generally speaking, don’t make gasoline.

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March 10, 2023
Spot Market

Pricing 101: 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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March 2, 2023
Futures, Oil Market Basics, Rack Market, Spot Market

Fuel Buying 101: Futures and Spot Markets

Buying fuel is confusing even for seasoned pros. We’re here to help. The petroleum market features a slew of specialized...

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March 1, 2023
Gas & Diesel, Rack Market

8 Essential Tips for Writing Better Fuel Bids

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

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February 24, 2023
Gas & Diesel, Spot Market

One Year Later: Ukraine War Spurs Europe Oil Price Volatility, New Trade Routes

One year after Russia invaded Ukraine, energy commodity flows across the globe have shifted and prices have experienced extreme bouts...

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February 23, 2023
LNG

Europe Continues to be the Main Destination for U.S. LNG Supply Exports

Europe likely averted a severe energy crisis this winter with relatively warm weather and filling its storage facilities to more...

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February 20, 2023
Petrochemicals, PVC

US PVC Producers Seek to Hold onto Gains Amid Construction Slowdown

The US PVC market saw an unusually volatile year in 2021, to say the least, and saw another one in...

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February 14, 2023
Propane

FOB U.S. Gulf Coast Propane Resale Market Could be Curbed if Freight Rates Stay High

The FOB U.S. Gulf Coast propane resale market, which is essentially the spot market for U.S. Gulf Coast propane exports,...

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February 9, 2023
Gas & Diesel, Rack Market, Renewables

Get the Cold, Hard Facts on Fuel Temperature Correction

It’s that time again! The mercury in the thermometer dropping…  And fuel suppliers can get hot under the collar when...

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February 7, 2023
Renewables

What Effect Will 24/7 CFE Have on Renewable Energy Markets?

The renewable energy procurement strategy, known by some as 24/7 carbon-free energy (24/7 CFE), remains out of reach of most...

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February 3, 2023
Biofuels, Gas & Diesel

Changing Regulations Could Spur Pricier Midwest Gasoline This Summer

Refiners, marketers, retailers, pipeline operators and others across the gasoline supply chain may be impacted in the spring and summer...

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January 31, 2023
Gas & Diesel, Jet fuel, Retail Market

10 Predictions for 2023: A Look at an Oil-Soaked 2023 Crystal Ball

The following is an excerpt from Americas: Oil Market Outlook 2023. 1 U.S. gasoline prices will again command the consumer...

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January 27, 2023
NGL & LPG

Most NGLs Exit 2022 at Lower Levels, to Face Bearish Headwinds in 2023

NGLs, like other hydrocarbons, have undergone a metamorphosis in recent years, given wild fluctuations in crude and natural gas prices...

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January 24, 2023
Renewables

Why and How Are Companies Pursuing 24/7 Carbon-Free Energy?

Google, in 2017, realized that although it had met its corporate goal of matching 100% of the electricity it used...

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January 20, 2023
Petrochemicals, Plastics

Chemical Recycling of Plastic Emerges as Dominant Theme

Chemical recycling, particularly in the U.S., was a dominant theme of the recycled plastics industry in 2022, and it’s creating...

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January 13, 2023
Renewables

RECs Bottlenecks Expected to Keep Markets Tight

U.S., state and local lawmakers, along with project developers, have set the table for widespread deployment of renewable energy. But...

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January 11, 2023
Distillates, Spot Market

Refined Markets East of Rockies May See Volatility Extend

Volatility was the name of the game for east of the Rockies gasoline and distillate spot markets in 2022, with...

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January 6, 2023
Crude, Crude oil, Gas & Diesel

Refinery Additions and Subtractions Complicate Outlook for 2023

Much of the oil industry’s attention in 2022 was appropriately focused on a shortfall in global refining capacity that was...

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January 4, 2023
Shipping

Container Cargo Volumes Reach 20-Month Low

Container cargo volumes nationwide reached a yearly low in November and are expected to fall further as retailers rebalance warehouses...

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December 12, 2022
Gas & Diesel, Retail Market

Analysis: Gasoline Deflation at Hand as Volatile 2023 Looms

The US national average for gasoline as measured by OPIS on Dec. 12, 2022, represented deflation of 2.02% versus the...

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December 8, 2022
Jet fuel

Cost Won’t Be a Long-Term Issue for Sustainable Aviation Fuel

As oil companies start to transition away from their fossil fuel businesses towards greener forms of energy, question marks surround...

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December 5, 2022
Renewables

Modern Slavery: The Dark Side of Australia’s Wind, Solar and Battery Supply Chains

Australia, once a climate change laggard, is on a trajectory to produce most of its electricity from solar, wind, hydro...

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December 1, 2022
Petrochemicals, Plastics

European Chemicals’ Complicated Relationship with its Benzene CP Window

For the European benzene market, perhaps only the football World Cup (which most of us have been watching on our...

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November 22, 2022
Coal, Mining

Threat of rail strike looms over U.S. coal industry

Well, that was close — again. The train zooming out of the tunnel doesn’t look like a nationwide strike hitting...

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November 21, 2022
California, Carbon

California’s LCFS: Just How Much Stronger Will the New Targets Be?

Prices for credits under California’s Low Carbon Fuel Standard (LCFS) have been a sad story in 2022.

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November 17, 2022
Petrochemicals, Plastics

PVC Pipe Plants Shut by Storm; Low-Demand Market Mitigates Impact

Hurricane Nicole’s landfall on the US East Coast caused a sigh of relief among the refining community as the Texas/Louisiana...

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November 15, 2022
Bunker fuel, Shipping

U.S. Gulf Coast Offshore Bunker Operations See Healthy Revenue Stream

Despite a pullback in recent years in the number of players working the U.S. Gulf Coast offshore bunker business, the...

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November 4, 2022
NGL & LPG

NGL or LPG or LNG – Definitions and Common Uses

With all due respect to the Jackson Five, sometimes A-B-C is not easy as 1-2-3. We’re talking NGL or LPG...

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November 2, 2022
Petrochemicals, Plastics

The Circuitous Route of the Global Styrene Chain

The world party of the styrenics chain of late has seen benzene traveling from Europe to the US and polystyrene...

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October 21, 2022
Gas & Diesel, Spot Market

Europe Diesel Differentials Soar as Strikes Shut Refineries, Stocks Collapse

Refinery outages and falling inventory levels in Europe have significantly tightened diesel supplies across the continent, causing spot price differentials...

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October 19, 2022
Coal, Mining

5 Questions You Should Be Asking About the US Coal Market Right Now

With geopolitics, supply chain tensions, and economic red flags affecting the outlook for coal in North America this winter, here...

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October 17, 2022
California, Gas & Diesel

US West Coast/Gulf Coast Renewable Diesel Market Growth Accelerates

Renewable diesel (RD) shipping volume between the U.S. Gulf Coast and U.S. West Coast has quickly gained market spotlights in...

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October 11, 2022
Petrochemicals, Plastics

The PVC Ride Slows Down as Pipe Inventories Build

Despite the desire to put the chaos and trauma caused by the Coronavirus pandemic of the past 3+ years behind...

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October 3, 2022
California, Gas & Diesel

Analysis: US West Coast Market Fundamentals Behind Spot Gasoline Price Surge

U.S. West Coast fuel market fundamentals in September combined in a unique way to push spot market differentials for California...

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September 26, 2022
Carbon

$2 Billion Global Voluntary Market Leaves Europe in its Wake

The global voluntary carbon market (VCM) is soaring after hitting a transaction value of nearly $2 billion in 2021, while...

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September 21, 2022
Gas & Diesel, Retail Market

Summer Gasoline Demand Struggled But Still Profitable

Now that the summer driving season has come to an end, the scorecard from OPIS shows what was a very...

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August 31, 2022
Carbon

European Energy Crunch Support Carbon Prices Despite Economic Woes

A black sea of troubles is menacing Europe’s economies, as the continent stares down the barrel of a harsh winter...

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July 25, 2022
NGL & LPG

Shaping the New Norm of Elevated U.S. LPG Exports to Europe

OPIS analysis suggests that protracted robust premiums for natural gas over liquefied petroleum gas (LPG), a tightening of supply in...

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June 30, 2022
Carbon

OPIS Launches Nature-Based Carbon Removals Assessments

Global climate project proponents are riding a wave of demand for nature-based solutions that remove carbon from the atmosphere as...

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April 21, 2022
Carbon

‘Huge Momentum’ is Underway for Blue Carbon

Part two of a two-part series on blue carbon. Read part one: Blue Carbon Pioneer Says Mangrove Tree Is the...

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April 20, 2022
Carbon

Blue Carbon Pioneer Says Mangrove Tree Is the ‘Best Climate Machine’

Part one of a two-part series on blue carbon. Read part two: ‘Huge Momentum’ is Underway for Blue Carbon  Arne...

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April 14, 2022
Carbon

OPIS Carbon Neutral Fuels Index Reveals Suppliers’ Cost to Offset Emissions

From extraction to distribution, the pressure is on for the oil and gas industry to cut carbon emissions, and corporate...

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April 1, 2022
NGL & LPG, Spot Market

Ukraine’s Fuel Crisis Deepens Amid Logistic Obstacles, Regional Shortages

Ukraine is in the grip of widespread fuel shortages as the country tears itself away from Russian exports, and imports...

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February 10, 2022
Carbon

Price Transparency and Growth in the Voluntary Carbon Market

Carbon offsets are quickly becoming a key strategy for companies and nations to meet their climate change initiatives. The voluntary...

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October 1, 2021
Carbon, Spot Market

ANALYSIS: U.K.’s Much-Awaited Hydrogen Strategy May Unlock GBP4 Billion Investment

The U.K. government aims to attract private investment of 4 billion British pounds sterling ($5.51 billion) in blue and green...

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September 23, 2021
Bunker fuel, Carbon, IMO 2020, Shipping, Spot Market

Shippers Eye Methanol Fuel as Means to Decarbonize Global Fleet

In 2013, the Vancouver, Canada-based Waterfront Shipping Company introduced seven of the world’s first ocean-going vessels built with Germany’s MAN...

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September 1, 2021
Crude oil, Gas & Diesel, Spot Market

Ida’s Impact Likely to Be Measured in Weeks

Hurricane Ida, which made landfall as a Category 4 hurricane on August 29th packing strong winds and heavy rain along...

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August 26, 2021
Carbon

REDD+, CORSIA and California Carbon Offsets — Understanding the Differences

The commitment to carbon neutrality continues to grow as corporations and jurisdictions chart a course for net-zero greenhouse gas emissions....

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August 25, 2021
Biofuels, Renewables, RINs

Biofuels industry hopes its efforts to cut GHG emissions will keep it relevant as White House pushes EVs

After four years of the Trump administration’s often-chaotic approach to the Renewable Fuel Standard (RFS), many in the biofuels industry...

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August 13, 2021
Biofuels, Renewables, RINs

RFS, RINs and Biofuels Forum Preview

Each year, attendees of OPIS’s RFS, RINs & Biofuels Forum come to the event looking for answers about biofuel markets...

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August 12, 2021
Carbon

All Eyes on Article 6 and CDM Ahead of UN Climate Summit

As the United Nations prepares to host the 26th Conference of Parties (COP26) in Glasgow, Scotland, in November, one question...

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August 4, 2021
Distillates, Gas & Diesel, Spot Market

How OPIS Covers Chicago Spot Fuel Prices

The Chicago spot fuel market is complex, with gasoline, diesel, jet fuel and kerosene sourced via several pipelines. 

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July 29, 2021
Carbon

OPIS Provides Carbon Offsets Price Transparency During VCM Evolution

In a world demanding climate action, the voluntary carbon market (VCM) has become an oasis for an ever-growing roster of...

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July 22, 2021
NGL & LPG, Spot Market

European Styrene and Benzene’s Six-Month Record Rollercoaster Ride

In January, after a socially-distant holiday season, with many countries announcing further lockdowns amid rising infection rates, the COVID-19 pandemic...

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July 12, 2021
Carbon, Spot Market

INSIGHT: German Refineries Kick Off Complex Green Hydrogen Switch

In July, Royal Dutch Shell’s Rhineland complex will become the first refinery to operate an electrolyzer plant in Germany, ushering...

Read More
July 7, 2021
Bunker fuel, Carbon, IMO 2020, Shipping, Spot Market

Zero-Carbon Fuels Set to Transform the Future of Shipping

In 2018, the International Maritime Organization (IMO), a specialized agency of the United Nations that internationally regulates shipping, adopted an...

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June 17, 2021
Ethylene, Petrochemicals

Enterprise Ethylene Futures Contract Opens on CME; Hub Links to Global Market

We can’t see into exactly what the future holds for US ethylene, but ethylene futures are now tradable at two...

Read More
June 16, 2021
Gas & Diesel, Mexico

As Gasoline Demand Wanes in the U.S., Mexico Provides a Long-Term Opportunity for U.S. Refiners

Read More
May 26, 2021
Gas & Diesel, Retail Market, Spot Market

Beyond Mid-May Motor Fuel Madness: Will Gasoline Supply Scrambles Persist?

The First Driver of the 2021 Motor Fuel Panic In mid-April, a special report by Oil Price Information Service (OPIS)...

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May 3, 2021
Bunker fuel, IMO 2020, Shipping, Spot Market

Panama Canal Bunkers Sales Slid Amid COVID-19, but Transitway Remains Key

Since the beginning of 2020, the world has been dramatically altered in the wake of the COVID-19 pandemic.

Read More
April 21, 2021
Carbon

How the Voluntary Carbon Market is Expected to Help Save the Earth

In a quest to reach the goals of the landmark 2015 Paris Agreement on Climate Change, world leaders are making...

Read More
April 16, 2021
Carbon

EU Gears Up for Carbon Border Adjustment Fight

The European Union is squaring up for a major battle in 2021, proposing a carbon border adjustment mechanism that risks...

Read More
April 15, 2021
Biofuels, Renewables, RINs, Spot Market

A Wrinkle in Time? How Record RVO Numbers May Drastically Alter 1Q Refinery Bottom Lines

Be on the lookout for some befuddled refining analysts and disappointed investors as public refiners disclose their first quarter earnings...

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March 23, 2021
Biofuels, Gas & Diesel, Spot Market

U.S. Regulatory Changes Alter Landscape for Summer Gasolines

On Jan. 1, the U.S. Environmental Protection Agency (EPA) Fuels Regulatory Streamlining Rule went into effect, and while some impacts...

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March 22, 2021
Crude oil, Spot Market

Beyond the pandemic: an Aramco perspective

Recapping his remarks at the Aramco Virtual Energy Forum in conjunction with IP Week 2021

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March 15, 2021
Gas & Diesel, Spot Market

OPIS Chicago Location-Specific Spot Pricing Options: More Ways to Improve Your Bottom Line

In 2020, OPIS launched Chicago location-specific refined spot pricing assessments for Buckeye Complex, Wolverine Pipeline and West Shore/Badger Pipeline, providing...

Read More
February 4, 2021
Biofuels, Ethanol, Renewables, RINs, Spot Market

2020 Energy Prices Complicated by Ag Products, Renewable Credits and Other Relationships

You need more than just a NYMEX or ICE futures’ screen to keep pace with petroleum prices, based on the...

Read More
January 15, 2021
Bunker fuel, IMO 2020, Shipping, Spot Market

COVID-19 Rebound Key to Bunker and Shipping Markets

Mid-December seemed to be giving a peek into the 2021 bunker market, as fuel prices have been rising and Brent...

Read More
December 21, 2020
Ethylene, Petrochemicals

Discussion with Enterprise Products co-CEO Jim Teague about Historic Moment for US Gulf Coast Ethylene and Exports

The year 2020 was significant in the evolution of the US Gulf Coast ethylene market due to the opening of...

Read More
December 13, 2020
NGL & LPG, Spot Market

Tradition and Rural Belief Systems May Hinder India’s Transition to Clean Cooking Fuels

A key message to emerge from the recent India Energy Forum by CERAWeek was the strong commitment by the Indian...

Read More
December 6, 2020
Gas & Diesel, Spot Market

ANALYSIS: U.K., European Refinery Turnaround Activity Parting Ways in 2021

Continental Europe’s largest oil refineries do not plan to undertake full-scale maintenance in 2021, while by contrast, the U.K. will...

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November 23, 2020
Biofuels, NGL & LPG, Spot Market

The Multiple Pathways to Fossil-Free BioLPG

The LPG sector is exploring almost a dozen different pathways to usher in a decarbonized “bioLPG” future, however, commercial and...

Read More
November 9, 2020
Gas & Diesel, Spot Market

Hard Brexit Would Shrivel Gasoline Flows Between UK and Europe

Time is ticking away to sign a Brexit deal, and the European gasoline market is bracing itself in case it...

Read More
September 29, 2020
Ethylene, Petrochemicals, Propylene

US Ethylene & Propylene Supply Chain Rebounds After a Shaky Few Months

Our last blogpost in early April ended on a deeply uncertain note. Lockdowns in the US had just begun a...

Read More
September 15, 2020
Gas & Diesel, Retail Market, Spot Market

Hurricane Laura Aftermath; Pandemic-inspired Demand Reductions

*Editor’s Note: Hurricane Sally is expected to make landfall late tonight or Wednesday along the Mississippi-Alabama coast. As of 2...

Read More
August 24, 2020
Gas & Diesel

Connected Cars: The Future is Now for Gasoline Retailers

Connected car technology increasingly helps consumers choose where and when to buy fuel. This may be key for fuel retailers...

Read More
July 27, 2020
C-stores, Retail Market

COVID-19 Drives C-Store Industry Changes: 7 Trends for 2020

The outbreak of coronavirus disease 2019 (COVID-19) drove major changes for the convenience store industry.  

Read More
June 22, 2020
IMO 2020, Shipping

Expert Sees Winding Path to Standard VLSFO Spec

After years of debate and a period when “IMO 2020” fuel-spec mandates dominated headlines, very low sulfur fuel oil has...

Read More
June 8, 2020
Gas & Diesel, Mexico

Coronavirus Clouds Mexico’s Energy Reform

COVID-19 spread during a critical year for the liberalization of Mexico’s downstream gasoline and diesel markets.

Read More
June 1, 2020
C-stores, Gas & Diesel

Memorial Day Gasoline Review: America Didn’t Crank Up Its Engines

Correct or not, Memorial Day is often the time we take the temperature of gasoline demand. How did 2020 stack...

Read More
May 18, 2020
IMO 2020, Shipping

Market Interrupted: Price War & COVID-19 Nudge IMO 2020 to the Back Burner

Years of preparation for new IMO 2020 regulations by shipowners, refiners, traders – and anyone else involved in marine fuels...

Read More
May 14, 2020
Gas & Diesel

Fuel Prices and COVID-19: OPIS Blog Toolkit

Fuel prices in 2020 have been rocked by COVID-19 and an oil price war.

Read More
May 11, 2020
Ethanol, Renewables

Ethanol’s Unique COVID-19 Price Story

Drastically fewer miles are being driven due to stay-at-home measures to combat COVID-19, resulting in a decline in gasoline prices...

Read More
May 4, 2020
Carbon, Renewables

Carbon Credit Costs for California Gasoline & Diesel: A Heads Up for U.S. Suppliers

It’s no secret that California is routinely the most expensive place to buy gasoline in the continental U.S.

Read More
April 27, 2020
Jet fuel

Airline Industry Faces Long Recovery; Cheaper Jet Fuel Costs Offer Some Relief

Airlines are staring down a long road back in the wake of a veritable cliff dive in travel demand, which...

Read More
April 20, 2020
Crude, Gas & Diesel

Oil Spill Liability Tax Basics 2020 Update

The federal oil spill liability tax came back after a one-year hiatus. Here’s everything you need to know about what...

Read More
April 13, 2020
C-stores, Gas & Diesel

Q1 2020 Review: An Unprecedented Quarter for Gasoline Retailers

The first quarter of 2020 brought unprecedented challenges to the downstream petroleum industry, as coronavirus disease 2019 (COVID-19) began to...

Read More
April 6, 2020
Petrochemicals

Ethylene and Propylene Prices in 2020: Two Market Stories

Ethylene and propylene prices have had an interesting start to the year – both markets have seen prices drop, but...

Read More
March 31, 2020
Gas & Diesel

Gasoline Price Volatility and the 2020 RVP Season

Despite major fuel market disruptions caused by the coronavirus, summer gasoline season still approaches. 

Read More
March 30, 2020
NGL & LPG

How Will NGL Markets Adapt to the Oil Price War & COVID-19?

The coronavirus disease 2019 (COVID-19) has significantly impacted the mainland Chinese energy markets, and the spread of the virus to...

Read More
March 20, 2020
Gas & Diesel

COVID-19 Coronavirus:  Bleak Math for Refiners

The outlook for U.S. refining operations is grim amid the downturn for futures and wholesale gasoline and diesel prices. Demand...

Read More
March 16, 2020
Ethanol, Renewables

Can Ethanol Prices Rebound in 2020?

U.S. ethanol prices, after nearly a year-long funk, are indicating strength for 2020.

Read More
March 9, 2020
Gas & Diesel, Renewables

The Biodiesel Tax Credit: What Does the New Extension Mean?

The $1/gal federal biomass-based diesel blender’s tax credit (BTC) has been extended through 2022.

Read More
March 2, 2020
Crude oil, Gas & Diesel, Renewables

20 Oil Price Forecasts for 2020

Oil, gasoline, diesel and renewable fuels markets have started 2020 off with a bang. Here are 20 price-influencing factors identified...

Read More
February 24, 2020
Gas & Diesel

U.S. Gasoline Price Trends for Gulf Coast, Northeast and Midwest in 2020

U.S. gasoline prices in 2020 are expected to follow seasonal trends, but OPIS will keep an eye on supply and...

Read More
February 18, 2020
Gas & Diesel

U.S. Diesel Price Trends for Gulf Coast, Northeast and Midwest in 2020

Factors that will determine U.S. diesel price averages this year include the fallout from IMO 2020 regulations, the PES Refinery...

Read More
February 10, 2020
Renewables

What Will Carbon Credit Trading Look Like in 2020?

North American carbon credit market participants will navigate increasingly stringent cap-and-trade and carbon emissions tax regulations, as key jurisdictions extend...

Read More
February 3, 2020
Gas & Diesel, Mexico

Mexico Energy Reform Could Be Put to the Test in 2020

Mexico is poised to test the foundations of energy reform in 2020.

Read More
January 27, 2020
NGL & LPG

U.S. NGL Prices Forecast to Remain Weak in 2020

The price of propane and other U.S. natural gas liquids (NGL) is expected to remain under pressure in 2020. 

Read More
January 21, 2020
Jet fuel

Jet Fuel Cost Analysis for 2020

Strong demand and production remained trends for U.S. jet fuel prices in 2019, but as the calendar rolls to 2020,...

Read More
January 13, 2020
California, Gas & Diesel

California Gasoline Prices Set for a Volatile Decade

Unpredictability and dramatic price movements characterized California gasoline prices in 2019. What is the state of Los Angeles and San...

Read More
January 6, 2020
IMO 2020, Shipping

IMO 2020 Fuel Regulations: The Impact on Refiners

A lot of energy industry press coverage in 2019 was devoted to something called “IMO 2020.”

Read More
December 16, 2019
Gas & Diesel, Mexico, Retail Market

A Decade of Change for Mexico’s Gasoline and Diesel Markets

Mexico has been the setting for one of the biggest energy stories of the past decade.

Read More
December 9, 2019
C-stores, Retail Market

10 Convenience Store Industry Trends to Watch in 2020

What trends could take your convenience store and gas station profitability to the next level in 2020?

Read More
December 2, 2019
NGL & LPG, Spot Market

What Is EP Mix? NGL Uses & Pricing

EP Mix is part of the natural gas liquid (NGL) family, with varied uses and a unique trading structure. Get...

Read More
November 18, 2019
NGL & LPG, Spot Market

NGL Price Analysis & Export Outlook

Natural Gas Liquids prices dropped significantly in 2019, opening up opportunities – and challenges – for exports of products such...

Read More
November 11, 2019
Gas & Diesel, Rack Market, Spot Market

How to Buy Wholesale Gasoline and Diesel Using Spot Market Prices

If you buy gasoline and diesel from a wholesale rack, keeping an eye on spot market prices may be your...

Read More
November 4, 2019
IMO 2020, Shipping

IMO 2020 Resources Kit

A potential oil price game-changer will arrive as a belated holiday “gift” to the market this year — IMO 2020.

Read More
October 28, 2019
Gas & Diesel, Rack Market, Spot Market

How to Find (and Use!) Your Ideal Gasoline and Diesel Price Report

In the fuel business, price transparency is everything. But how do you know what level of price discovery is right...

Read More
October 21, 2019
Petrochemicals, Spot Market

Polyethylene Exports & the U.S. & China Trade War

The U.S. polyethylene (PE) industry has spent massive resources during the past decade to capitalize on abundant, low-cost raw materials...

Read More
September 30, 2019
Crude oil, Gas & Diesel, Mexico

Update: Mexico Oil and Gas Market Analysis

A sense of hope emerged for many Mexicans when Andrés Manuel López Obrador (AMLO) won the presidential election in July...

Read More
September 23, 2019
Crude oil, Ethanol, Gas & Diesel, Spot Market

Beyond Saudi Attacks: 4 Other Oil, Gasoline & Diesel Price Factors to Fear in 2020

Much of the oil, gasoline and diesel price direction in 2020 markets may be determined by whether the Middle East...

Read More
September 17, 2019
Futures Market, Gas & Diesel, Spot Market

How Hurricanes Cause Oil, Gasoline and Diesel Price Changes

Oil price volatility is just a sliver of the massive repercussions that can stem from hurricanes.

Read More
September 16, 2019
Mexico, Rack Market, Retail Market

Understanding Retail Gasoline Markets in Mexico

The retail gasoline market in Mexico has been undergoing a transformation since the passage of energy reforms in 2013 that...

Read More
September 9, 2019
Crude oil, Gas & Diesel

Oil Prices in H2 2019: 6 Market Wild Cards to Watch

Oil prices love to improvise.

Read More
August 26, 2019
C-stores, Retail Market

7 Irresistible Pitches to Build Loyalty at Your Gas Station & C-Store

If you’ve set up a loyalty club program at your gas station or c-store and email your customers promotions, you...

Read More
July 29, 2019
Ethane, Ethylene, NGL & LPG

U.S.-China Ethane Exports & Their Impact on Mt. Belvieu NGL Prices

A new petrochemical facility may become a magnet for the first-ever ethane supplies from the U.S. to China. 

Read More
July 22, 2019
Gas & Diesel, Retail Market

Summer Driving Season: Is Gasoline Demand Rising or Falling?

Now that summer 2019 driving season is in full swing, gasoline demand moves into focus.

Read More
July 15, 2019
IMO 2020, Shipping, Spot Market

IMO 2020: Practical Analysis from a Global Shipping Hub

2020 brings radical changes for the global shipping world. We’re talking about IMO 2020.

Read More
July 1, 2019
Petrochemicals, Spot Market

U.S. Ethylene Prices in Q2 2019: Where Have All the Traders Gone?

Ethylene prices are having a tough year. Trading liquidity has dried up in a market that has shed 30% of...

Read More
June 24, 2019
Gas & Diesel, Jet fuel, Spot Market

Gasoline, Diesel & Jet Fuel 2019 Midyear Price Update

Gasoline, diesel and jet fuel prices have been volatile in 2019. From political rhetoric to fundamentals, this year is shaping...

Read More
June 17, 2019
Carbon, Renewables, RINs

Could the RFS Move Toward a Low Carbon Program Like LCFS?

The idea of revising the Renewable Fuel Standard (RFS) to operate more like the Low Carbon Fuel Standard (LCFS) appears to...

Read More
June 4, 2019
Futures Market, Gas & Diesel, Rack Market

3 Steps to Buying Gasoline & Diesel Smarter: The Efficient Fuel Buyer’s Guide

  If you are new to buying wholesale gas and diesel, it’s easy to feel overwhelmed. Volatile gasoline and diesel...

Read More
June 3, 2019
Gas & Diesel, Rack Market

Wholesale Gas & Diesel Terminal Owner Changes

The end of 2018 and the start of 2019 saw new owners for U.S. wholesale gasoline and diesel fuel terminals, with...

Read More
May 20, 2019
Carbon, Gas & Diesel, Rack Market, Retail Market, Spot Market

The California Gasoline Price Rally: What Happened, What’s Next

March and April 2019 were challenging months for California gasoline prices, with retail prices cresting $4/gal.  OPIS’ Lisa Street and...

Read More
May 13, 2019
Crude oil, Gas & Diesel, Retail Market

Spring 2019 Oil, Gasoline & Diesel Price Trends: Video

May began with a bit of a thud in oil prices. What’s coming next?

Read More
May 6, 2019
Gas & Diesel, Spot Market

3 Reasons U.S. West Coast Gas & Diesel Prices Are Prone to Volatility

The U.S. West Coast spot gasoline and diesel market is no stranger to dramatic price increases. But, what uniquely makes this...

Read More
April 29, 2019
LNG

LNG 101: Market Basics and 2019 Analysis

What is LNG, and why does it matter so much to the U.S. and global energy industry? 

Read More
April 15, 2019
Gas & Diesel, Rack Market, Retail Market, Spot Market

Behind the California Retail Gas Price Spike: The Price Influence Chain in Action

Average retail gas prices in California have skyrocketed this spring, underscoring how the spot fuel market closely impacts prices at...

Read More
April 8, 2019
Rack Market

Wholesale Gas & Diesel Rack Price Transparency Explained

Gasoline and diesel prices go up and down. That’s just the way the fuel market works! But what never goes...

Read More
April 1, 2019
Biofuels, Gas & Diesel, Rack Market

Behind the Scenes: Anatomy of an OPIS Gas and Diesel Rack Price

Today we’re taking you behind the scenes at OPIS to show you how our team of analysts collect the wholesale...

Read More
March 25, 2019
Gas & Diesel, Mexico

Mexico Oil and Gas Market Analysis for Q1 2019

The first few months of President Andres Manuel Lopez Obrador’s (AMLO) six-year term have brought some extreme changes in the Mexican...

Read More
March 18, 2019
Gas & Diesel, Rack Market, Spot Market

Gasoline Price Volatility and the 2019 RVP Season

It’s almost spring (never mind that snow!),  but the gasoline market is already thinking summer.

Read More
March 11, 2019
Natural Gas, Spot Market

Natural Gas Markets 101: How History Shaped Today’s Infrastructure

Did you know that at one time, the natural gas industry was under monopolistic control? Let’s take a look back...

Read More
March 4, 2019
C-stores, Retail Market

7 Trends Shaping Gas Station Profitability in 2019

Gas station owners operate in a highly competitive environment, where profits fluctuate wildly. It’s important to stay on top of...

Read More
February 25, 2019
Petrochemicals, Spot Market

U.S. Ethylene Prices in Q1 2019: Less-Than-Happy New Year

As yet, the year 2019 has not provided much in the way of a Happy New Year for ethylene sellers....

Read More
February 19, 2019
Carbon, Ethanol, Renewables

2019 Ethanol Price and Carbon Credit Market Preview

It was a tumultuous year in the renewable fuel and carbon credit markets. 

Read More
February 11, 2019
Gas & Diesel, Retail Market

Retail Gasoline Profits Set Records in January 2019

January can be a cruel month for gasoline retailers. It inevitably brings the lowest demand of the year but often higher...

Read More
February 4, 2019
Natural Gas, Spot Market

Natural Gas Prices in 2019: A Regional Outlook

U.S. natural gas prices could very well be looking at a volatile year in 2019. While U.S. dry gas production...

Read More
January 28, 2019
Petrochemicals, Spot Market

Petrochemicals 101: The In’s & Out’s of the ‘Enes

The building blocks of the petrochemical world often take a back seat to the stars of the energy and manufacturing world. Let’s give...

Read More
January 22, 2019
NGL & LPG

2019 LPG Price Preview for U.S., Europe and Asia

Liquified Petroleum Gases, or LPGs, are byproducts of oil and gas. That means any disruption in the supply equation of...

Read More
January 17, 2019
Crude oil, Futures Market, Gas & Diesel, Retail Market

Oil Prices in 2019: A Quick Video Preview

The year 2019 is already in progress, with headlines dropping daily that rattle the geopolitical chain and stand to keep...

Read More
January 14, 2019
IMO 2020, Shipping, Spot Market

IMO Compliance Scramble: IHS Markit Study Findings

The oil market is facing a fuel specification change for which neither the refining nor shipping industry appears to be...

Read More
January 14, 2019
Gas & Diesel, Jet fuel, Spot Market

Jet Fuel Prices in 2019 to React to Crude, IMO, Strong Demand

For the past two years, consumption of jet fuel by U.S. airlines has been strong, meaning that the annual pace...

Read More
January 7, 2019
Gas & Diesel, Spot Market

2019 Gasoline and Diesel Prices by Market

Oil price futures are poised for a volatile 2019, if the end of 2018 is any indication.  What will that...

Read More
December 17, 2018
Crude oil, Gas & Diesel

2018 Oil Price Recap: Looking Back at an Oddball Year

2018 was one of the odder years in recent oil price memory for several key reasons.

Read More
December 10, 2018
Gas & Diesel, Mexico

What’s Next for Mexico Gasoline and Diesel Fuel Storage

Mexico is poised to make a dent in a major challenge facing the transportation fuels market – terminal storage capacity.

Read More
December 3, 2018
Carbon, Spot Market

Carbon Credits: Paying the Pollution Price

Did you know there was a carbon market, setting the price for a chunk of polluted air?

Read More
November 29, 2018
Crude oil, Gas & Diesel

Video: Black Friday Sets Lows for Crude, Gas & Diesel Prices

Popular electronics weren’t the only things sporting discounts on Black Friday. Crude oil, gasoline and diesel prices also hit lows. 

Read More
November 26, 2018
C-stores, Retail Market

Retail Fuel Industry Gift Guide: Top Products from 2018 Trade Shows

What do diesel conditioning systems, cold brew coffee and EV chargers have in common? They were all among the hottest...

Read More
November 12, 2018
Natural Gas

3 Things Storage Contracts Say About Nat Gas Inventories

Natural gas storage inventories in the U.S. Lower 48 have been 20%-25% below normal for almost all of 2018, despite...

Read More
November 7, 2018
Crude oil, Gas & Diesel, Retail Market

Video: Why Are Retail Gas Prices Lower and How Long Will It Last?

OPIS noted prices at retail gas stations this autumn below $2/gal. It wasn’t a common price tag, but overall there...

Read More
November 4, 2018
Gas & Diesel, Rack Market, Retail Market

Gasoline Retailers Find the Big Inning with Price Margins

Baseball teams like the New York Yankees are often criticized because they depend on the “Big Inning” to juice up...

Read More
October 29, 2018
IMO 2020, Shipping, Spot Market

IMO 2020 Regulations and Fuel Price Impact Explained

The global shipping world in 2020 will see a challenge no other petroleum-dependent industry has witnessed to date. The repercussions...

Read More
October 22, 2018
NGL & LPG, Propane

Propane Prices and the Mont Belvieu Market

While you’re flipping burgers in your backyard on the grill, take a few minutes to think about your propane tank...

Read More
October 18, 2018
Gas & Diesel, Jet fuel

Gasoline, Diesel & Jet Refining: Geography Creates Winners & Losers

“It was the best of times; it was the worst of times . . . “

Read More
October 16, 2018
Futures Market, Gas & Diesel

Video: Gasoline Futures Prices Drop, But Spot Market Resilient

Oil and gasoline futures prices tumbled last week, largely linked to a drop in the equities market. But, the NYMEX...

Read More
October 15, 2018
Gas & Diesel, Retail Market

Retail Gasoline Market Snapshot Q3 2018

The third quarter of 2018 showed improvement in retail gasoline price margin performance compared to a year ago. Here are...

Read More
October 8, 2018
Crude oil, Futures Market

Oil Price Factors Explained

Oil prices are a critical component of the world’s economies, with influences that span from employment trends to  investment flows...

Read More
October 1, 2018
Crude oil, Futures Market, Gas & Diesel

Video: Early Fall Fuel Price Analysis

OPIS’ Chief Oil Analyst Denton Cinquegrana updates you on the trends he’s watching at the start of fall 2018.

Read More
October 1, 2018
Crude oil, Gas & Diesel, Spot Market

Crude Oil Price Trend Analysis for 2019

The year 2019 may set the stage for a transformative decade, with crude oil prices looking capricious and unstable. Here...

Read More
September 24, 2018
Uncategorized

Natural Gas Storage Levels Below-Average, But Prices Stay Low

The US natural gas storage inventory deficit that developed last winter has not abated: strong demand from the electric power...

Read More
September 17, 2018
Futures Market, Gas & Diesel, Rack Market

How Diesel Price Hedging Can Guard Against Rising Values

Diesel is the fuel of economic growth both domestically and abroad. The diesel prices you pay are influenced by many factors...

Read More
September 5, 2018
Crude oil, Gas & Diesel, Retail Market

Video: Wrapping Up Summer Oil and Gasoline Prices

Summer 2018 started out with the promise of oil volatility and a rocky ride at retail gas pumps. But, did it...

Read More
August 27, 2018
Gas & Diesel, Rack Market, Spot Market

What Makes Gasoline Prices Go Up & Down?

Congratulations! You’ve planned an impromptu weekend getaway!  The car is packed. Kids’ iPads are charged. Last thing you need to...

Read More
August 22, 2018
Coal, Natural Gas, Spot Market

Natural Gas & Coal Export Markets the Focus of Unique North American Energy Conference

My colleagues and I are excited to organize and attend the North American Export Coal & Gas Summit on October...

Read More
August 20, 2018
Gas & Diesel, Rack Market, Spot 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...

Read More
August 13, 2018
Gas & Diesel, Rack Market

Wholesale Fuel Terminal Owners: Who’s In, Who’s Out?

 The first half of 2018 saw many new owners for U.S. wholesale fuel terminals, with oil companies coming in and moving...

Read More
August 6, 2018
C-stores, Fraud

What Petroleum Marketers Need to Know About Mobile Device Fraud

Petroleum marketers already have been victims of ransomware – malicious software that holds your data captive until you pay fraudsters...

Read More
July 30, 2018
Natural Gas

The US Shale Revolution: A Look Back at a Decade

A decade ago, something dramatic — and largely unanticipated — began to emerge in the US natural gas industry. At...

Read More
July 26, 2018
Futures Market

Video: Oil Prices Head Higher

Though oil prices were knocked lower in the middle of July, this past week saw them climb up again.

Read More
July 23, 2018
Biofuels, Gas & Diesel, Rack Market

Wholesale Fuel Pricing: An Inside Look

Your wholesale rack report is filled with critical fuel prices. But where do they come from?

Read More
July 19, 2018
Rack Market, Retail Market, Spot Market

Video: Analysis of July’s Oil Price Drop

July 2018 has so far witnessed a steep drop in oil prices. 

Read More
July 17, 2018
Rack Market, Retail Market, Spot Market

Oil Price Rally Hits a Snag: Two Factors to Watch

   The two-week-long run up in bulk U.S. gasoline prices in summer 2018 hit a mid-July roadblock when oil prices...

Read More
July 16, 2018
Mexico, Natural Gas

Mexican Natural Gas Growth Hinges on Infrastructure

U.S. natural gas exports to Mexico are growing. Exports were a record 4.2 billion cubic feet per day (Bcf/d) in...

Read More
July 11, 2018
Jet fuel, Spot Market

Jet Fuel Prices Set to Fall this Summer, Say Some Analysts

Jet fuel prices in the U.S., Europe and Asia have become a victim of their own success as 2018 reaches...

Read More
July 2, 2018
Gas & Diesel, Retail Market

Retail Gasoline & Diesel Prices See Difficult Spring Profit Margins

Gas station operators, distributors and retailers were likely glad to see spring 2018 fade into the past.

Read More
June 25, 2018
Rack Market, Retail Market, Spot Market

Intro to Fuel Pricing: OPIS Crash Course Podcast

The world runs on fuel. From upstream resources, like crude oil and natural gas, to refined products, like gasoline or...

Read More
June 18, 2018
Rack Market, Retail Market, Spot Market

Oil Price Analysis: Mid-Year 2018 Update

A steady diet of curveballs may be the best way to describe the first half of 2018 for oil and...

Read More
June 11, 2018
Gas & Diesel, Retail Market

Retail Fuel Station Acquisitions Still Red-Hot: Thorntons for Sale?

Mergers & acquisitions have changed the face of the modern retail fuel marketplace. It’s a trend that appears here to...

Read More
June 4, 2018
Gas & Diesel, Jet fuel, Spot Market

How OPIS Assesses New York Harbor Spot Fuel Prices

Gasoline, diesel and jet fuel trade in the New York Harbor spot market on a full-day basis, with price swings...

Read More
May 21, 2018
Gas & Diesel, Retail Market

Gasoline Price Forecast Summer 2018

Baby, you can drive my car – if you’ve got $2.75-$3 per gallon this summer.

Read More
May 7, 2018
Gas & Diesel, Spot Market

Diesel Fuel Prices Set to Soar This Summer: Three Forecasts

Summer 2018 could get to be a hot one for diesel fuel. High diesel prices are in the forecast, given...

Read More
April 30, 2018
Natural Gas

How U.S. Natural Gas Production Is Changing the Global Gas Market

Thanks to record natural gas production and growing production capacity for liquefied natural gas (LNG), the United States is becoming...

Read More
April 23, 2018
Gas & Diesel, Rack Market

Fuel Specifications Explained

You may think that all fuel is alike – but it’s not. So, what exactly is fuel specification?

Read More
April 20, 2018
Crude oil, Futures, Gas & Diesel

What the Seven and Seven Oil Cocktail Means For Price Forecasting

The Seven-and-Seven Oil Cocktail Oil pundits predicting a return of $75/bbl or higher benchmark crude prices are delusional. They are...

Read More
April 16, 2018
Mexico, Rack Market, Retail Market

Mexican Fuel Market Liberalization Timeline 2018

In the space of just four years, Mexico’ energy markets – from wellhead to service station – have opened to...

Read More
April 9, 2018
Gas & Diesel, Jet fuel

ExxonMobil Trading Strategy Shift Focuses on Refined Products 

Seismic strategic changes are in progress for the world’s largest oil major, ExxonMobil.

Read More
March 26, 2018
Gas & Diesel, Rack Market, Spot Market

Gasoline Price Volatility and the Spring RVP Transition

Spring has sprung – Nor’easters blanketing a huge swath of the United States in snow notwithstanding – but the gasoline...

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March 19, 2018
Renewables

Biofuels Industry and Regulatory Policies in 2018 

The Renewable Fuel Standard (RFS) since its start has been marked by conflict between biofuels industry advocates intent on pushing more...

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March 12, 2018
Rack Market

Oil Spill Liability Tax Basics 

The 9 cents per barrel federal oil spill liability tax, which expired Dec. 31, 2017, went back into effect March...

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February 26, 2018
Rack Market, Retail Market, Spot Market

Significant Gasoline Price Inflation Likely In March Madness

We’ve used the “March Madness” sobriquet before, but not necessarily in recent cheap fuel years.  Get ready for gasoline prices...

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February 19, 2018
Gas & Diesel, Spot Market

Summer Gasoline Prices Potentially Bullish

It may be the middle of the winter season, but some U.S. gasoline traders are already looking ahead to summer. And...

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February 12, 2018
Carbon, Spot Market

Cap and Trade History For Fuel Markets

Leaders across the globe are racing to enact a greenhouse-gas reduction scheme that dates back to when the price of...

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February 5, 2018
Spot Market

Ten 2018 Oil Market Trends You Can’t Ignore

2018 is on track to assist U.S. motorists in some overall cost savings, though the numbers remain staggering by anyone’s...

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January 29, 2018
NGL & LPG, Spot Market

Inside the 2017 Rally: Mont Belvieu Propane & Its Global LPG Reach 

It would be a gross understatement to say that shale has changed everything.

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January 16, 2018
C-stores, Retail Market

5 Essential Tips for Petroleum Marketers in 2018

The year 2018 is shaping up to be one of dynamic growth for U.S. petroleum marketers and also holds some...

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January 8, 2018
Gas & Diesel, Spot Market

2018 Gasoline and Diesel Prices by Market

The year 2017 saw gasoline and diesel prices shaped by ever-volatile underlying oil prices, supply-and-demand-crippling meteorological events and the push...

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January 2, 2018
Jet fuel, Spot Market

No Holiday Gift to Airlines: Stronger 2018 Jet Fuel Prices Expected

Jet fuel around the world is wrapping up 2017 at the highest values all year and the stage is set...

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December 26, 2017
C-stores, Rack Market, Retail Market, Spot Market

Top 10 Downstream Oil Industry Stories of 2017

The past year brimmed with breaking news and analysis in the downstream oil industry.

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December 18, 2017
Rack Market, Retail Market, Spot Market

5 Hits & A Miss from the OPIS 2017 Oil Market Outlook

The end of the year is drawing near. We thought we’d take a break from last-minute online holiday shopping for...

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December 11, 2017
Mexico, Rack Market, Retail Market

Tips on Branded and Unbranded Fuel in Mexico

Epic changes since the passage of energy reforms in 2013 have opened up opportunities for U.S. branded and unbranded fuel...

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December 4, 2017
Crude oil, Gas & Diesel, Retail Market, Spot Market

A Tale of 2 Seasons: Factors That Shape Fuel Prices During Hurricanes

No two storms are created equal. The unique landfall of every storm is one of the most important factors and critical...

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November 21, 2017
Renewables, Retail Market

RFA: 2018 RFS Rule Can’t Head Back to the Future

Do you remember the scene towards the end of “Back to the Future,” where Doc Brown is refueling the time-traveling...

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November 20, 2017
Gas & Diesel, Mexico, Rack Market, Spot Market

Mexico Fuel Price Liberalization Map

 Following passage of energy reforms in late 2013, Mexico’s upstream and downstream gasoline and diesel markets are opening to private investment...

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November 20, 2017
Electric Vehicles, Gas & Diesel, Retail Market

Post-Petroleum World Hinges on China Electric Car Market

The Netherlands is the latest country to set a date for the demise of the internal combustion engine, joining France,...

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October 23, 2017
Crude oil, Gas & Diesel, Retail Market

2017 Year-End Oil Market Trends to Watch

Don’t expect the last 70 days in the 2017 petroleum markets to match the drama witnessed summer into fall. Storm...

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October 19, 2017
Electric Vehicles, Gas & Diesel, Renewables, Spot Market

Strange Bedfellows? Biofuel Producers and Refiners Find Common Foe

Could the ancient proverb “the enemy of my enemy is my friend” point the way toward a rapprochement between U.S....

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October 10, 2017
Crude oil, Gas & Diesel, Jet fuel, NGL & LPG, Spot Market

Popping the Bubble of Fuel Freight Rates

Crude oil and refined product futures prices have been sliced in half since the oil price renaissance of 2011-14, but...

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October 10, 2017
Renewables, Spot Market

What’s Helping (and Hurting) Cellulosic Ethanol Production Growth

Cellulosic ethanol production is experiencing a small-scale but meaningful growth spurt due to high-tech advances. However, companies embracing these new techniques...

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September 21, 2017
Gas & Diesel, Retail Market

Why Top Tier Gasoline is More Than Just Hype

Top Tier gasoline, containing detergent additives aimed at reducing gunk in your engine, has often been dismissed as hype on...

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September 14, 2017
Natural Gas, Spot Market

17 Game Changing Northeast Natural Gas Pipeline Projects

As summer 2017 wound down, the U.S. Northeast experienced record natural gas production output and depressed consumption. This set the stage...

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September 13, 2017
Gas & Diesel, Rack Market

The Lowdown on Typical Payment Terms in Your Fuel Report

OPIS wholesale rack reports were created to provide a font of information about the markets from which you purchase fuel....

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September 12, 2017
Gas & Diesel, Rack Market

How To Read Your Wholesale Rack Report

Your wholesale rack report is an invaluable tool to help you make sure you are not being overcharged by your...

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