Euro-Bob Oxy (Gasoline)

The Argus Euro-Bob Oxy assessment is used as a benchmark price in gasoline transactions throughout northwest Europe. Euro-Bob is an unfinished gasoline and the European swaps market shifted to price against this ethanol-ready blendstock in January 2010.

The switch to Euro-Bob was prompted by EU mandates requiring Europe’s transport fuel pool to contain a minimum of 5.75pc of biofuels by the end of 2010.

The Euro-Bob assessment is used to price gasoline swaps and physical deals as well as by exchanges for clearing and settlement.

The Argus Euro-Bob price is based fob Rotterdam and is published daily in the Argus European Products report.

The Argus Euro-Bob assessment benefits from a market-appropriate methodology and is not based on a narrow window of trades. All reported gasoline deals are displayed on the Argus European Gasoline Bulletin Board which is available to subscribers and shows intra-day activity. This approach delivers transparency and reliability and creates a price series that is the benchmark assessment for gasoline in northwest Europe.

For full Euro-Bob specifications, download the Argus European Products report methodology