The ARGUS Chicago Buckeye complex (BCX) Cbob and ULSD price assessments
BCX Cbob and ULSD are the most actively traded road fuels in the US midcontinent. Delivered to buyers at Buckeye terminals across Chicago, the fuel can be piped in from refineries across the midcontinent, and shipped out to consumers throughout the region.
Advantages of the ARGUS BCX complex Cbob and ULSD price assessments
BCX price assessments provide greater precision than “generic” Chicago prices, which take account of fuel delivering on a variety of pipelines. Argus incorporates more market liquidity than any other price reporting agency, including trade agreed 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 BCX Cbob and ULSD price assessments
Argus BCX price assessments are used in long-term contracts, transfer pricing, and spot trade.