But before we delve into wholesale rack fuel pricing let s recap with a few glossary terms.
Rack fuel price today.
A fleet or for resale example.
Fuel is then picked up from the rack usually by truck and delivered to the end user example.
Fuel watch is the rac s petrol and diesel price monitoring initiative which helps ensure retailers are charging drivers a fair price at the forecourt.
Opis wholesale gasoline and diesel pricing is benchmarked in the u s meaning it is the standard price reference for wholesale fuel transactions and supply contracts.
The rack price also depends upon the distance between the fuel retailer and wholesale terminal.
We monitor both wholesale and retail fuel prices daily including those at the uk s supermarkets asda tesco sainsbury s and morrisons and urge retailers to pass on cost savings to motorists when they can be made.
Select spot prices for delivery today region natural gas million btu electricity mwh spark spread mwh price percent change price percent change new england 0 74 30 6 18 21 3 9 13 04 new york city 0 71 25 3.
Fuel gas operations marketing snacks technology tobacco resources digital issues webinars research downloads podcasts faq top chains chain of the year leaders in convenience rack prices.
Our rack pricing includes intra day daily weekly average and twice weekly average rack.
This is the first step in our fuel pricing structure a mostly electronic platform exchange where paper contracts of fuel are bought and sold for a period in the future.
Due to market fluctuations fuel prices are subject to change without notice.
The actual fuel price is posted.
Once fuel leaves the refinery gate the next step in the price chain is the wholesale rack.
The information on this site may not represent the real time fuel price or services offered at the locations listed above.
Ensure accurate supply deals between wholesale fuel supplier and buyer.
Access benchmark gasoline and diesel wholesale rack pricing reports.
For the three benchmark delivery times opis freezes supplier prices and averages by rack at key time intervals so buyers and sellers can index their purchases at a fixed point in time.