GX has launched more than 20 new relevant spot price indices, reflective of different locations and grades, providing the perfect vehicle to transition from landlocked DSW to international Midland WTI (at Houston).
These new prices provide the opportunity to carry out a direct trade with more liquidity, represent and accurate value, and offer better hedging.
The need for carrying out multiple-legged trades is also eliminated, along with the mitigation of multiple fundamental exposures.
US crude markets are becoming increasingly influential around the world and require more targeted and consistent methodologies in order to bring transparency and choice to benchmarks that for many years have only been available through bundles and cost-prohibitive subscriptions.
General Index brings the world's first technology-driven US crude assessments, backed by industry expertise and market-accepted methodologies, to allow market participants in the US and globally to trade the way they want, while only paying for the data they need.
Our US crude benchmarks will benefit the following groups of market participants:
Our US crude prices are published daily (subject to General Index holiday calendar) and made available to customers via direct data feeds and emails.
All prices are printed in USD/bbl and normalised via internal calculations to reflect market value as at 1700 EST. Technical details for each of these key grades can be found in the relevant factsheet.
Ready to realise the General Index difference?
Take the next step and talk to us about a complimentary trial of our data.