General Index provides comparable benchmarks to replace existing high-cost incumbents, offering an alternative to existing industry standard prices. Based on market-accepted methodologies, these GX comparable benchmarks are fully interchangeable with existing benchmarks. GX uses a rigorous and consistent Methodology Framework to produce all of its indexes, augmented by Methodology Factsheets outlining the specifications of each index.
GX also provides new benchmarks to solve the industry's evolving pricing needs, working with market participants to create new indexes as required by changing dynamics. The first of these are the Global Crude Index (GCX) and the Cross Atlantic series (CAXs) comprising crude, gasoline and diesel.
Global Crude Index (GCX)
General Index has developed a new crude index to better reflect market conditions and the shifting roles played by the three major benchmarks in the producing areas of the world.
Eurobob Oxy is the key European marker for physical gasoline barges in North West Europe and reflects preoxygenate blendstocks suitable for E5 blending.