Oil Price Information Service
| Company type | Subsidiary |
|---|---|
| Founded | October 1977 |
| Founders |
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| Headquarters | , |
Area served | Worldwide |
Key people |
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Number of employees | 300-350 |
| Parent |
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| Website | opisnet.com |
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.
On August 2, 2021, it was announced that News Corp, the parent company of Dow Jones & Co., would buy OPIS from IHS Markit for US$1.15 billion. When the purchase was finalized on February 28, 2022, the company became a unit of News Corp.