GX provides: 
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New benchmarks to solve the industry’s evolving pricing needs. GX works with the industry to create new pricing indexes where changing dynamics require a new solution. The first of these are the Global Crude Index (GCX) and the Cross Atlantic series comprising crude, gasoline and diesel. 

Comparable benchmarks to replace existing high-cost incumbents - GX’s comparable indexes are an alternative to existing industry-standard prices. These are based on market-accepted methodologies and are therefore fully interchangeable with existing benchmarks.

GX was founded in 2020 and is led by former Argus CEO Neil Bradford and former Platts head of markets Jorge Montepeque.  They have assembled a team of commodity, pricing and technology specialists, experienced in running the most important crude oil and refined products benchmarks.  

GX was created on a simple principle – fair access to accurate commodity prices. Prices help everyone decide how to utilise our world’s resources, and those prices should be available and affordable to all. 

GX works in partnership with the energy and commodity industries, and provides long-term price certainty over critical data at a fair cost.  This approach enables firms to dramatically lower their overall spend on pricing data.