Illuminating US Gulf coast crude
Argus US Gulf coast crude prices, including the regional light sweet marker WTI Houston and the medium sour marker Mars, reflect highly liquid and transparent pipeline trade. These coastal prices provide the clearest available valuation for crude at the US Gulf coast, the gateway to waterborne export markets. The coastal prices are expressed as diff erentials to the highly liquid and transparent CME (Nymex) Cushing futures contract.
A robust derivatives market now settles on WTI Houston, suiting it to a role as a benchmark for global crude trade. Read our three new white papers explaining the mechanics of the US markets, the Argus WTI Diff to Argus CMA Nymex, and the Argus US Gulf coast crude markers for Asia-Pacific.