The ARGUS US Gulf Colonial pipeline ULSD price assessment
Colonial pipeline ultra-low sulphur diesel (ULSD) is the most actively traded physical diesel market in the Americas, accounting for up to 800,000 b/d of ULSD trade. The fuel is delivered to buyers at injection points across the Gulf coast, and piped on to terminals in the eastern US. Colonial ULSD prices are the key index basis for diesel in the US and across Latin America.
Advantages of the ARGUS Colonial pipeline ULSD price assessment
Argus incorporates more market liquidity than any other price reporting agency, gathering diesel 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 Colonial pipeline ULSD price assessment
The Argus Colonial pipeline ULSD price assessments are used in long-term contracts, downstream pricing, transfer pricing, spot sales and exports to Latin America. These price assessments are also used to settle financial derivatives listed on CME and Ice.