The ARGUS New York Harbor Buckeye pipeline ULSD price assessment
Buckeye pipeline ultra-low sulphur diesel (ULSD) is one of the most actively traded fuel markets in North America. Delivered to buyers in New York Harbor (NYH), the fuel is piped on to consumers in Long Island, Pennsylvania and upstate New York.
Advantages of the ARGUS NYH Buckeye pipeline ULSD price assessment
Argus incorporates more market liquidity than any other price reporting agency, gathering ULSD trade data throughout the entire working day. Refiners, distributors, and traders have accepted this methodology as being the most appropriate, the most representative and the most robust.
Users of the ARGUS New York Harbor Buckeye pipeline ULSD price assessment
The Argus’ Buckeye pipeline ULSD price assessments are used in long-term contracts, downstream pricing, transfer pricing, exchange contracts and spot trade. These price assessments are also used to settle financial derivatives listed on CME and Ice.