MarketOil Price Information Service
Company Profile

Oil Price Information Service

Oil Price Information Service (OPIS) is a price reporting agency which provides information that is used for commercial contracts and trade settlement related to petroleum, gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, natural gas, petrochemicals, recycled plastics, refinery feedstocks, residual fuel, and kerosene. It is based in Rockville, Maryland and has offices in New Jersey, Houston, Texas, Minnesota, and internationally in Sweden, Romania, Singapore, and Japan.

History
According to the International Organization of Securities Commissions, OPIS is one of the four main price reporting agencies for oil market price reporting including daily market price assessments. The other three are Platts, Argus Media and ICIS. ==Acquisitions==
Acquisitions
1996 - OPIS acquired the Stalsby/Wilson Directory business and Computer Petroleum Corp. (CPC). 2005 - OPIS acquired Axxis Software. 2013 - OPIS acquired GasBuddy. 2015 – OPIS acquires NAVX, the leading European and South American provider of retail fuel pricing, parking and Electric Vehicle (EV) charging location information. 2016 – IHS acquires OPIS for $650 Million. 2018 - OPIS acquires Petrochem Wire. 2022 - News Corp acquires OPIS and merges it with Dow Jones 2024 - OPIS acquires A2i Systems ==References==
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