General Index, a leading provider of energy market benchmarks, today announced a data agreement with Link Data Services, a leading provider of transactional data for U.S. Gulf Coast crude oil markets, for straight-through processing of trade and market data directly into General Index systems.
Through this technology partnership, Link Data Services, in cooperation with Link Crude Resources (“Link”), one of the largest brokers of physical North American Crude, will provide data related to Link’s crude oil transactions, which General Index will use to seamlessly process, produce and distribute the most accurate and timely prices for US physical crude markets. Key benchmarks launched as part of this partnership include WTI (at Houston and Midland), Canadian Sour (at Cushing and Houston) and Mars.
As a result of this collaboration, General Index is expanding its offering to market participants of high-quality, lower-cost alternatives to the incumbent data providers. General Index assessments are available right after market close and underpinned by as much or more data as other benchmark providers.
Clients will be able to leverage an ever-growing network of partners and technologies to access these robust benchmarks, including Bloomberg, Morningstar, Refinitiv, Snowflake and ZE.
“We’re very excited about the collaboration with Link Data Services. It comes at a time where our world-renowned benchmark assessment capabilities for oil markets are being launched to U.S. customers and reinforces our position as an innovative disrupter in an industry beholden to outdated, inefficient operations.”
Neil Bradford, Founder and CEO, General Index
"Link believes General Index has a strong vision for evolving access to crude pricing benchmarks, and we’re happy for the opportunity to partner with them. We believe their fair, easy-to-access, technologically advanced benchmarks will enable our clients and the market to better utilize our resources. General Index represents a step forward in quality, and we’re excited to support their efforts to evolve commodity pricing.”
Scott Nelson, Commercial Director, LinkData Services
About Link Data Services
As the global oil industry becomes more interconnected, demand for accurate and timely pricing is more important than ever before. Link Data Services’ reputation for reliability and transparency in the North American crude market is second to none, and our team has partnered with some of the industry’s biggest names to ensure unparalleled insights into the dynamics of the physical crude market. We provide industry participants with daily forward curve valuations, market commentary, pricing reports, and raw data at each major trading location in North America. Link also offers our clients an array of bespoke data solutions and custom consulting services across a wide spectrum of the commodity trading industry, along with access to our extensive collection of historical prices.
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