Introduction to Demand Data API
Each day petroleum flows through the downstream distribution system as tanker trucks are loaded at wholesale fuel terminals. Many of these transactions are processed in some manner by DTN. After a truck is loaded with fuel, an electronic receipt is generated called a bill of lading (BOL). DTN’s billing system counts these BOLs to invoice customers for the services they use. In addition to performing normal accounting and invoicing functions, the billing system can provide incredible insight into the daily level of downstream activity. When aggregated across all billing activity, the number of BOLs processed serves as a proxy for downstream petroleum movements.
DTN can measure meaningful locational operating statistics with great accuracy. DTN’s Demand electronically measures the flow of actual transaction activity generated by the industry each day. Our systematic facilitation of industry-wide petroleum processes provides DTN with an unprecedented view of the entire marketplace. Through the application of analytics, market-level aggregation, and content screening, DTN can bring useful insights to clients while maintaining the confidentiality and anonymity of individual market participants. This is accomplished by protecting supplier anonymity if a rack market/grade combination has less than 3 suppliers.