Gasoil 1000ppm FOB Med
This cash assessment reflects the value of a cargo of gasoil with a maximum sulfur content of 1,000 ppm loading FOB Mediterranean basis Genoa 10-to-25 days forward from the date of publication and excludes Russian-origin. This product is primarily used as heating oil but is also used as diesel transport fuel in some locations. It is a flat price assessment and is traded as a differential to low-sulfur gasoil futures or as a differential to the underlying forward curve. Quantum identifies Russian-origin diesel and gasoil as: not arriving or loading on a ship controlled, operated or flagged by Russia, or where to the seller's best knowledge it has not been produced or blended with Russian produced molecules.
Currency and unit of measure: $/mt
Incoterm: FOB
Quantity: 25-30kt
Time of assessment: 16:30:00 Europe/London
Publishing frequency: Daily
Spec: Spanish spec diesel. Max sulfur 10ppm. Density .845 kg/l.
Start Date: 08.03.2021
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