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TeachMeFinance.com - explain Wholesale price Wholesale price -- The rack sales price charged for No. 2 heating oil; that is, the price charged customers who purchase No. 2 heating oil free-on-board at a supplier's terminal and provide their own transportation for the product. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.