Nobles Fuel Selects DTN FastRacks
Market intelligence provider also rolls out new tools, services
Published in CSP Daily News
OMAHA -- Market information services provider DTN said Nobles Truck Stop Inc., aka Nobles Fuel, has implemented DTN FastRacks, a daily rack price discovery report that includes all intraday price moves listed by supplier.
In a thin-margin industry, having superior market intelligence is the key to maintaining a competitive edge and a better bottom line, DTN said. DTN FastRacks gathers rack prices electronically and subjects the results to a battery of control checks and reviews throughout the day to ensure the highest level of accuracy in the industry.[image-nocss]
"Receiving a report after the market closes each day is an easy way for us to know first-hand what we can expect to pay for fuel the next day," said Randy Milner, operations manager for Nobles Fuel, Corinth, Ky. "We found that DTN can provide us with the timeliest information we need, in a cost-effective way."
DTN FastRacks offers users a variety of reports to help customers assess competitive market positions throughout the day, including complete morning reports, real-time price alerts and complete reports after the futures markets have closed. Because there is no delay caused by human interaction, DTN can start sending complete DTN FastRacks daily price discovery reports as early as 5:15 a.m. Central Time, it said.
Real-time price alerts give DTN FastRacks users immediate notice when a rack price has changed. Each alert is a detailed analysis of rack prices that have made intraday changes, giving a complete picture of the changing marketincluding a new rack low and rack average. Also, DTN data experts can work with customers to produce customized data information, such as combining markets to create unique locations, and customizing delivery information formats and times.
Separately, Omaha-based DTN has introduced DTN Quotes Online. This analytical tool delivers real-time NYMEX and IPE futures, spot prices, as well as expert analysis of market-shaping news and business-grade weather information customized to the needs of the downstream energy market.
DTN Quotes Online offers tick-by-tick NYMEX and IPE futures market feeds, as well as the cleanest and most reliable spot prices available for gasoline and heating oil at all U.S. refined fuels spot markets, including New York Harbor, Gulf Coast, Chicago, Group 3, Los Angeles Basin, San Francisco and the Pacific Northwest. Interactive charts and pricing information are updated in real-time, allowing users to quickly and accurately determine price direction and momentum.
In addition to the market feed and pricing information found on DTN Quotes Online, add-on DTN MarketWire service delivers a steady stream of 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.
Market information is delivered directly to a computer browser without software installations or a complicated set up and maintenance process. DTN Quotes Online offers customizable pages to create single-page views for all futures and options prices that impact the energy markets.
DTN also has introduced DTN Mobile, a service that offers professionals in the downstream mobile access to energy-specific market information, news and weather updates via cell phones and PDAs.
DTN Mobile delivers real-time NYMEX and IPE futures market quotes for gasoline and heating oil. Using the cleanest market data available from DTN's ticker plant, DTN Mobile delivers auto-refreshing quotes, so customers always see the latest information. Charts give an at-a-glance view on how the latest prices correlate with market trends.
Because weather and climate also influence commodity markets, DTN Mobile delivers business-grade weather forecasts, histories, current conditions and climate predictions. DTN Mobile delivers a steady stream of headline news, market analysis and primary-sourced pricing information for the downstream refined fuels industry.
Market information is delivered directly to any mobile device with a wireless Web service and a WAP 2.0 Web browser, including popular PDAs and SmartPhones such as BlackBerry and PalmOne Treo, as well as recent cell phones. There are no software installations or setup processes, just a single click on the link sent by DTN and customers start to receive real-time, easy-to-read, custom-formatted information. Going forward, pages will then be automatically optimized for proper viewing and navigation.