Jet Fuel
We calculate jet fuel indexes for the barge and cargo markets, utilising end-of-day assessment processes. Mediterranean indexes are derived from the primary delivered North West European cargo index utilising freight rates. Jet fuel is assessed as a differential to Ice Gas oil futures, in line with standard spot market practice.
Gasoil
General Index provides indexes for the heating oil and diesel markets in North West Europe and the Mediterranean, utilising end-of-day assessment processes. Our heating oil indexes reflect 50ppmS and 0.1%S grades, while diesel indexes reflect 10ppmS grades. Indexes for France and UK-delivered cargoes are derived from the primary ARA cargo index. All gas oil-related commodities are assessed as differentials to Ice Gas oil futures, in line with standard spot market practice.
Naphtha
General Index’s primary naphtha index is for North West European cargoes, utilising an end-of-day assessment process. Indexes for the barge market and Mediterranean cargoes are derived from the primary index. Inline with standard spot market practice, we assess naphtha in outright cash terms.
Fuel Oil
Our indexes for residual fuel oil in North West Europe and the Mediterranean utilise end-of-day assessment processes. General Index calculates indexes for the 3.5%S and 1%S markets, as well as 0.5%S grades compliant with IMO 2020 regulations. Indexes for less-liquid fuel oil markets are derived from the benchmark 3.5%S ARA barge index and/or relevant freight rates. All fuel oil indexes are assessed in outright cash terms, in line with standard spot market practice.