ULSD transatlantic HO-GO spread
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
Time of assessment: 16:30:00 Europe/London
Publishing frequency: Daily
Spec: Ultra low sulfur diesel. Max sulfur 10ppm.
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