What Is It – Argus

Have you ever been curious as to how your fuel supplier settles on pricing and how it compares to the market rate? Our continued series on fuel price indexes has covered several pricing strategies and types of indexes, but there are still a few more to unpack. Today we will be covering Argus, how it […]

What Is It – SPOT Pricing

In between the NYMEX futures market, which is traded 24/7 by millions, and your local rack prices, there’s a step in between. Petroleum products like gasoline and diesel, freshly converted from crude oil, are sold by refiners into the marketplace. Typically, the products are bought by fuel wholesalers and pipeline shippers, though occasionally, some very […]

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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