Argus US Gulf Colonial pipeline 87 conventional gasoline
Overview
Colonial pipeline 87 grade is a liquid market for conventional 87 octane gasoline. Once the standard for finished US gasoline, 87 conventional is now used primarily for exports or domestic blending. Colonial 87 conventional gasoline is delivered to buyers at injection points across the Gulf coast and piped on to terminals throughout the eastern US.
Price assessment details
What are the advantages of the Argus US Gulf Colonial pipeline 87 conventional gasoline price assessments?
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..
How are these assessments used?
Argus Colonial pipeline 87 conventional gasoline price assessments are used in long-term contracts, transfer pricing, spot sales and exports to Latin America. These price assessments are also used to settle financial derivatives listed on CME, and as the basis for alkylate, raffinate, and reformate trade at the US Gulf coast.
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