Topical Terminology > Rack Pricing
1 Definition
Rack Pricing
For Rack Pricing we have a term and definition in Oil Acronyms.
Rack Pricing (Oil Acronyms) 
Selling to petroleum jobbers or other resellers FOB at the refinery, with the customer picking up transportation charges. The price of petroleum products at the refinery loading rack; cash and carry at the refinery's loading dock.
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