ULSD transatlantic HO-GO spread

Thu, 22 Feb
xxx.xx
Change
-
Quantum code
HGFARC-BAL

This assessment represents the value of ICE New York Harbor heating oil futures minus ICE low sulfur gasoil futures at 1630 London each day. The spread is used to measure the profitability of shipping cargoes of diesel from the US to Europe, with a lower spread indicating greater profitability and a higher one improving the economics from shipping cargoes from the US Gulf to the Northeast coast.

Currency and unit of measure: $/gal

Incoterm: SPR

Quantity:

Time of assessment: 16:30:00 Europe/London

Publishing frequency: Daily

Spec: Ultra low sulfur diesel. Max sulfur 10ppm.

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