European gasoline is moving to E10
Europe is moving to E10 as the standard for regular grade gasoline. Stay ahead of the curve by moving your gasoline pricing to Argus non-oxy (E10). From 1 January 2024, Argus is changing the Eurobob oxy (E5) index to a premium or discount to the non-oxy (E10) benchmark. The non-oxy (E10) price will continue to be based on a volume-weighted average of spot market transactions.
EU-wide targets driven from mandates such as the EU’s Renewable Energy Directive, have increased the need for ethanol-blended gasoline across Europe. In most European countries, gasoline must now contain either up to 5pc or 10pc ethanol. Due to its higher bioethanol content, E10 gasoline is being rolled out across more countries in Europe as a means for governments and companies to help meet greenhouse gas (GHG) emissions targets.
What is E10?
White paper: Eurobob non-oxy gasolineEU-wide targets, stemming from mandates have driven the uptake of ethanol-blended gasoline across Europe. Argus will evolve the methodology for its gasoline benchmarks.
FAQ: Argus Eurobob transition to E10Starting 1 January 2024 the Argus Eurobob oxy assessment will be a diff to the Argus Eurobob non-oxy assessment. Get a detailed overview into this change and what’s to come.
Webinar: The Rise of E10Get an overview on environmental mandates causing the shift to E10, supply and demand outlook of Eurobob oxy and non-oxy gasoline and much more.