DTN Fuel Buyer Helps Marketers Make Smarter Fuel Buying Decisions
Omaha, NE - DTN announced the introduction of DTN Fuel Buyer, a real-time market information service designed to support profitable fuel buying and reselling decisions. DTN Fuel Buyer provides instant access to supplier price messaging from DTN DataConnect, rack and spot price discovery as well as analysis, industry news, weather, and market information – all located on one convenient screen.
Gone are the days of having to switch back and forth between different applications to get the comprehensive pricing information, industry news and weather information needed to make the best buying and reselling decisions. DTN Fuel Buyer increases reaction time to sudden changes in volatile markets through integrated views of all posted rack prices. Competitive price analysis tools rank all suppliers in the market, while market news, weather, and market information give buyers an additional edge.
"The tools and content within DTN Fuel Buyer are specifically designed for downstream fuel buyers," said Robert Gordon, chief executive officer, DTN. "Fuel buyers receive a fast read on the ever-changing market, so they can make smarter decisions which lower the cost of product, improve their ability to resell at an advantageous price and protect margins."
DTN Fuel Buyer features price alerts that notify users via their cell phones, PDA and e-mail. Price alerts ensure quick action and proper response during volatile market conditions, even when buyers are away from the office. An audible alarm means buyers are immediately notified when key price targets are reached, helping to quickly evaluate posted rack prices against indexes, contracts, spot markets, rack lows and averages. DTN Fuel Buyer also offers unique analysis tools so buyers can identify the optimum supplier and rack for a multi-product load. Buyers can configure and save common load configurations to quickly pick and order their best options.
When market conditions change frequently, demand for up-to-the-minute pricing and industry news becomes critical. DTN Fuel Buyer delivers a steady stream of headline news, market analysis and primary-sourced pricing information for the downstream refined fuels industry – from the refinery gate to the terminal. Special attention is given to market-moving news such as refinery outages, pipeline problems or other supply distributions that can undermine profit margins. Because weather also impacts fuel pricing, energy-focused weather forecasts, histories, current conditions and climate predictions are prepared by DTN's staff of highly-trained meteorologists.
DTN Fuel Buyer features optional tick-by-tick NYMEX and IPE futures market feeds as well as the cleanest and most reliable spot prices available for all U.S. refined fuels spot markets. Interactive charts and pricing information are updated in real-time to help buyers accurately determine price direction and momentum.
SOURCE: DTN