Oil Price Service General Index Gains Gasoline Market Foothold

03 March 2021

(Bloomberg) -- General Index, an oil-pricing service formed by senior industry figures, has gained a foothold in Europe's gasoline market.

- Oil giant BP has given approval for brokers to share information on gasoline barge deals with General Index, according to a message seen by Bloomberg:

- This information had already been authorized by BP to be shared with other price reporting agencies
- BP spokesman could not immediately comment when contacted by Bloomberg

- NOTE: General Index's CEO Neil Bradford had a previous career at Argus, one of the main oil pricing agencies

- CEO Bradford was previously CEO of Argus

With assistance from Grant Smith

To contact the reporter on this story:
Jack Wittels in London at jwittels1@bloomberg.net

To contact the editors responsible for this story:
Alaric Nightingale at anightingale1@bloomberg.net
Fred Pals, Brian Wingfield

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