General Index is excited to announce the expansion of our North American crude oil module with the inclusion of new Canadian crude oil prices. With over 13 differentials and seven outright prices trading at key locations, including Westridge, General Index brings unparalleled insight into the pricing of Canadian crude oils.
Our data-oriented process of pricing crude ensures we generate not only robust indexes, but also bring transparency to an otherwise opaque market. These indexes benefit a range of audiences and use cases, including:
Traders
Profit Opportunities: Identify arbitrage opportunities between current and future prices, take advantage of contango (where future prices are higher than current prices), and backwardation (where future prices are lower).
Informed Trading Decisions: Make more informed decisions about when to buy and sell Canadian crudes.
Market Sentiment Analysis: Gauge market sentiment and supply-demand dynamics; strengthen market positions.
Brokers
Client Advisory: Provide better advice to clients on commodity trading strategies and offer tailored solutions.
Transaction Facilitation: Facilitate transactions between buyers and sellers and ensure fair pricing and terms.
Market Insights: Offer valuable market insights and forecasts to clients, enhancing credibility and service offerings.
Analysts
Canadian crudes have been, and will continue to be, crucial for the US crude diet. However, as the Trans Mountain Pipeline Expansion (TMX) de-bottlenecks Canadian crude oil takeaway capacity, and more Canadian crude oil is exported to China, India, Spain, and other countries, it is more crucial than ever to understand the economics of Canadian crude oil.
.png)
