The ARGUS US Gulf Colonial pipeline Cbob price assessment
Colonial pipeline Cbob is the most liquid physical gasoline market in the world. Conventional blendstock for oxygenate blending (Cbob) is the US standard gasoline, typically blended with 10pc ethanol to make a finished on-road gasoline. The fuel is delivered to buyers at injection points across the Gulf coast, and piped on to terminals in the eastern US.
Advantages of the ARGUS Colonial pipeline Cbob price assessment
Argus incorporates more market liquidity than any other price reporting agency, gathering gasoline 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 Cbob price assessment
The Argus Colonial pipeline Cbob 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.