Energy & Petroleum Products
Gas Oil / Diesel
Gasoil and diesel are middle-distillate fuels traded by sulphur specification, with 10 ppm ultra-low-sulphur diesel among the key international grades.
MARKET REFERENCES
How the market commonly references price
There is rarely one universal price for a physical commodity. Commercial value depends on the benchmark, specification, origin, destination, timing and logistics agreed between buyer and seller.
- Platts FOB Singapore Gasoil / MOPS
- FOB Arab Gulf gasoil
- Regional ULSD / diesel assessments
TYPICAL COMMERCIAL STRUCTURE
How physical pricing is often built
Typical Asia formula: MOPS / Platts 10 ppm gasoil average for an agreed pricing period ± market premium/discount. CFR pricing generally adds freight and destination economics.
PRICE DRIVERS
What moves the physical differential?
- Sulphur specification
- Cetane / cold-flow characteristics
- Regional inventories
- Refinery runs and outages
- Freight and arbitrage
PHYSICAL TRADE
Commercial considerations
Physical trades are commonly quoted FOB, CFR or CIF. The commercial differential reflects grade, origin, timing and logistics.
The examples on this page describe common market conventions at a high level. Actual contracts can use different pricing periods, assessments, quality adjustments, Incoterms and negotiated differentials.
Market methodology reference: view source / methodology
PHYSICAL COMMODITY BROKERAGE
Discuss a Gas Oil / Diesel requirement.
Share the specification, quantity, origin or destination, delivery basis and timing.