Trading and Risk

Enverus Announces Key Partnership With General Index

byChris Griggs
October 30, 2024

Enverus Integrates General Index’s Extensive Energy Pricing Data

Are you struggling to find reliable, transparent benchmarks for your energy trading and analytics? Do you often face challenges in accessing consistent pricing data that is compliant with industry standards? To address these issues, Enverus is thrilled to announce our latest partnership with General Index (GX). This collaboration signifies a major enhancement to our platform, making GX’s 3,656 benchmarks across crude, refined products, tank storage, LPG, marine fuels, hydrogen, voluntary carbon, biofuels, marine carbon and sustainable aviation fuel available to our clients upon request.

As the most trusted and energy-dedicated data management and automation SaaS platform in the market, Enverus offers real-time access to analytics, insights and benchmarks. With more than 5,000 clients globally, our mission has always been to add greater value to the energy ecosystem. Through this integration, we aim to provide seamless access to high-quality energy pricing data, empowering our customers with the information they need to identify key arbitrage opportunities.

Learn more about how Enverus Trading and Risk can help you with your real-time commodity pricing insights.

Enhanced Capabilities for Energy Professionals

The integration of GX data into our MarketView® platform is set to revolutionize the way energy professionals operate. Front-, middle- and back-office energy professionals will now be able to run analytics, trading and risk processes all in one place, with easy access to fully compliant daily physical price benchmarks based on trade data from more than 170 contributors.

Commitment to Consistency, Compliance and Customer-Centricity

GX has earned a reputation as the industry’s most consistent, compliant and customer-focused provider:

  • Consistency: Commodities pricing based on a consistent methodology, offering predictable, objective and transparent benchmarks instead of opaque “black boxes.”
  • Compliance: Adherence to IOSCO and FCA requirements, supported by data from thousands of daily trades, ensuring reliability over a subjective, journalistic approach.
  • Customer-centricity: Providing a more fair, competitive and efficient benchmarks industry with flexible licensing and exceptional customer support.

“We are excited to partner with Enverus, integrating our extensive pricing data into their platform. This collaboration empowers energy professionals with unparalleled access to reliable, transparent benchmarks, enabling smarter decision-making across the industry.”

Neil Bradford, CEO of General Index

“Partnering with General Index represents a significant step forward in our mission to empower the energy market with actionable insights. By integrating General Index’s robust pricing data with our advanced analytics platform, we are creating a new standard for market intelligence, enabling our clients to make faster, more informed decisions.”

Matt Wilcoxson, Executive Vice President at Enverus

In conclusion, this partnership between Enverus and GX is set to bring unprecedented value to the energy sector. By combining our strengths, we are helping our clients navigate the complexities of the market with enhanced precision and confidence.

Learn more about how Enverus Trading and Risk can help you with your real-time commodity pricing insights.

Picture of Chris Griggs

Chris Griggs

Chris Griggs is the product marketing manager for Enverus Intelligence® | Research (EIR) and Trading & Risk at Enverus, where he leads the development and communication of the value these products provide various industries, including oilfield services, investment funds, wealth management departments, banks, E&P oil and gas departments, and midstream operators. Chris helps provide customers across the energy ecosystem with the intelligent connections and actionable insights that allow them to uncover new opportunities and thrive. 

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