Fair and Accurate Pricing 450 Times a Day
 
 

A NEW WAY OF PRICING FUEL

Now covering the full range of middle distillates:
Jet | Marine Diesel (DMA) | ULSD | 1000ppm Gasoil | 50ppm Gasoil


Greater Choice |  Greater Clarity | Pricing that Makes Sense

OPIS450 is a new middle distillates price index you can watch being formed before your eyes.

 
 
OPIS450 Handbook & Methodology Guide

DISCOVER A MORE RELIABLE WAY TO PRICE FUEL IN NORTHWEST EUROPE

OPIS450 is an innovative tool that calculates the average price of middle distillates barges in the ports of Flushing, Amsterdam, Rotterdam, Antwerp, and Ghent at every minute of the day between 9:00 a.m. and 4:30 p.m. London time – 450 minutes. Live bids, offers and trades are fed through to OPIS through a trading screen from Trayport, a technology company owned by the Intercontinental Exchange.

The effect of the OPIS450 is to capture peaks and valleys of oil volatility throughout the day, rather than just a single price at 4:30 p.m. London time. OPIS450 takes into account OPIS's well-known full-day pricing methodology while offering complete market transparency for anyone wanting to price fuel.

The OPIS450 assessment makes middle distillates prices visible through the entire trading day. By using price averages, OPIS450 helps navigate through the spikes and troughs that are characteristic of volatile market trading. OPIS450 only assesses prompt loading barges.

Learn more about the OPIS450 methodology here.

 
 

 

With OPIS450, people are now doing things differently with barge market pricing …

Look What Others Are Saying

Take the first step toward greater choice, greater clarity and middle distillates pricing that makes sense ...

For further information on any of these services, to contribute your views, or to request to be added to the OPIS450 Barge Market screens on Trayport, contact any of the following OPIS staff:

 

Paddy Gourlay
Executive Editor, Europe
pgourlay@opisnet.com
+44 7595 117236

Tim Wright
European Director
twright@opisnet.com
+46 701750001

Simon Pratt
Sales Director, Europe
spratt@opisnet.com
+44 7977 412619