The ARGUS Chicago Wolverine Cbob price assessment
Wolverine pipeline cbob is sourced from Chicago-area refineries and piped on to consumers as far away as Detroit. Fuel from the pipeline competes with supply from Ohio and Sarnia refineries to feed the broader Michigan gasoline market.
Advantages of the ARGUS Chicago Wolverine Cbob price assessment
Argus is the only PRA to assess the Wolverine market. Price assessments are based on a deep pool of trade agreed throughout the 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 Chicago Wolverine Cbob price assessment
Argus Chicago Wolverine Cbob price assessments are used in long-term contracts, downstream pricing, exchange contracts, and spot sales.