Argus Eurobob E10 Gasoline
Overview
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). As of, 1 January 2024, Argus has changed 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.
European gasoline is moving to E10
Elliot Radley, editor of Argus European Products, provides the tools and insight to navigate one of the biggest changes to the European gasoline market in over a decade.
Watch nowArgus Eurobob gasoline barge spread
European gasoline - E5 vs E10
Europe is moving to E10 gasoline usage, impacts will include the UK’s CO2 emissions cut by 750,000 t/yr, the equivalent to removing 350,000 cars off the road, and the use of E10 gasoline will reduce GHG emissions of a gasoline powered car by ~2%.
Key price assessments
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Argus Eurobob transition to E10
The Argus Eurobob oxy assessment is a diff to the Argus Eurobob non-oxy assessment. Get a detailed overview into this change and what’s to come.
Market reports - Oct 2023European gasoline has changed
The European gasoline market has changed to a predominantly E10 market, and Argus assessments are shifting from next year to reflect that change.
VideoEuropean gasoline is moving to E10
Elliot Radley, editor of Argus European Products, provides the tools and insight to navigate one of the biggest changes to the European gasoline market in over a decade.
