GX provides indexes for Eurobob pre-finished E5 and E10 gasoline blend stock barges. The methodologies for these indexes are based on a volume-weighted average of the day’s trades. GX calculates indexes for finished standard Euro grade barges and cargoes, calculated through end-of-day assessment processes, as well as high-octane gasoline barges. In line with standard spot market practice, GX assesses gasoline in outright cash terms.
GX calculates 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.
GX provides indexes for the heating oil and diesel markets in North West Europe and the Mediterranean, utilising end-of-day assessment processes. GX 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.
GX indexes for residual fuel oil in North West Europe and the Mediterranean utilise end-of-day assessment processes. GX 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.