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 General Index comparable benchmarks are fully interchangeable with existing benchmarks. We use a rigorous and consistent Methodology Framework to produce all of its indexes, augmented by Methodology Factsheets outlining the specifications of each index.
General Index 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.
The General Index European crude module comprises the Dated Brent spot price, as well as spot price assessments for the constituent five grades.
US crude prices will be based on an all-day volume-weighted average spanning key grades and locations across the US Gulf coast, Texas, and the midcontinent.
Cross Atlantic Crude (CAXC)
Crude Cross Atlantic benchmark comprised of Brent and WTI, with the relevant futures contracts providing the value underpinning the index.
Dubai / Oman Basket
Reflection of Saudi crude price reference basket
Daily market value of 25,000 barrel clips of the Dubai basket
Daily market value of 25,000 barrel clips of Oman crude
Eurobob Oxy is the key European marker for physical gasoline barges in North West Europe and reflects preoxygenate blendstocks suitable for E5 blending.
Jet Fuel NWE FOB Barges
General Index calculates jet fuel indexes for the barge and cargo markets, utilising end-of-day assessment processes.
The European LPG service from General Index provides insight into water-bourne markets and will be of relevance to Europe, Asia and the US. Included are the CIF Large Cargoes assessments for both Propane and Butane in north west Europe.
The Asia-Pacific region’s busy spot market is central to a high-consuming region that continues to expand. General Index’s market team combines analytical reporting with expertise of market fundamentals to produce daily reports of accurate, transparent prices and analysis.