Argus Crude Market Services

Argus Crude

This service provides daily news, prices, and analysis for more than 80 different internationally-traded crude streams. It is a vital daily tool for independent market clarity as Argus crude oil market reporting and a robust methodology reflects real trading behavior.

Key features

• Global crude prices, including daily differentials to DME's Oman crude futures settlement prices, and high-level market analysis

• Market-moving news on top crude market developments and end-of-day summary report

• Argus Bulletin Board: See deal and bid/offer information quickly, anytime, anywhere

• Downloadable market data 

• The Argus China Crude Daily – a succinct report in Chinese

Markets covered

• US: AGS, WTI Houston, LLS, Mars, ASCI, Bakken fob Beaumont/Nederland, WTI fob Houston, Alaskan North Slope

• Canada pipeline: Synthetic and WCS

• North Sea: North Sea Dated, Brent, Forties, Oseberg, Ekofisk, Troll, Johan Sverdrup fob Mongstad, Grane, Statfjord cif Rotterdam, Statfjord fob platform, Gullfaks cif Rotterdam, Gullfaks fob platform and Flotta

• Russia-Caspian: Urals NWE, Urals Mediterranean (80,000t and 140,000t), Azeri Light, CPC Blend, Tengiz and BTC

• Russia-Caspian fob netbacks: Urals fob Primorsk, Urals fob Ust-Luga, Urals fob Novorossiysk (80,000t and 140,000t), CPC fob terminal, Azeri fob Supsa and BTC fob Ceyhan

• Mediterranean: Saharan Blend, Es Sider, Zarzaitine, Kirkuk, Basrah Light fob Sidi Kerir, Basrah Light cif Augusta, Basrah Medium cif Augusta, Basrah Heavy cif Augusta, Iran Light fob Sidi Kerir, Iran Heavy fob Sidi Kerir and Suez Blend

• West Africa: Bonny Light, Doba, Girassol, Hungo, Agbami, Amenam, Bonga, Brass River, Erha, Escravos, Forcados, Qua Iboe, Usan, Cabinda, Dalia, Kissanje, Nemba, Zafiro, Jubilee, Egina, Mostarda and Djeno

• Latin America: Castilla Blend, Escalante, Medanito and Vasconia

• Mideast Gulf: Dubai, Oman, Murban, Upper Zakum, Qatar Land, Qatar Marine, Al-Shaheen, Banoco Arab Medium, Arab Light, Arab Extra Light, Arab Heavy, Basrah Medium, Basrah Heavy and Umm Lulu

• Asia-Pacific: Minas, Tapis, North West Shelf, ESPO Blend, Sokol, Duri, Cinta, Widuri, Senipah, Attaka, Ardjuna, Belida, Bach Ho, Sutu Den, Tapis, Kikeh, Labuan, Kutubu Light, Cossack, Enfield, Stybarrow, Vincent, Pyrenees, Van Gogh and delivered Shandong crudes Lula, Djeno, ESPO Blend, Oman and Johan Sverdrup

Argus Crude & Refined Products Outlook

Stay ahead of the curve with the Argus Crude and Refined Products Outlook service — a monthly service forecasting prices for key crude grades, regional benchmarks, and oil products up to 24 months into the future.

With accompanying expert analysis of key trends in each market, the Argus Crude and Refined Products Outlook service is your independent source of intelligence to aid planning and decision making.

Key features

• Two-year forecast of 17 regional crude benchmarks and grades
• Two-year forecast of oil product crack spreads for the key refining regions of northwest Europe, the Mediterranean, US Gulf coast and Singapore
• Two-year forecast of regional refining margins for of northwest Europe, the Mediterranean, US Gulf coast and Singapore
• Expert analysis of crude futures markets

Markets covered

• Crude: Ice Brent, North Sea Dated, Forties Blend, Urals northwest Europe, Urals Mediterranean, CPC Blend, Bonny Light, Nymex WTI, WTI Midland, WTI Houston, LLS, Mars, Dubai, and ESPO Blend
• Northwest Europe product crack spreads vs North Sea Dated for naphtha 65 para, 95R gasoline, jet-kerosine, 10ppm diesel, 50ppm diesel, LSFO (1pc sulphur), HSFO (3.5pc sulphur)
• Mediterranean product crack spreads vs Urals for naphtha 65 para, 95R gasoline, jet-kerosine, 10ppm diesel, 1,000ppm heating oil, LSFO (1pc sulphur), HSFO (3.5pc sulphur)
• US Gulf coast product crack spreads vs LLS for naphtha, 87 conv gasoline, jet-kerosine, 10ppm diesel, 2,000ppm heating oil, LSFO, HSFO (No6 / 3pc sulphur)
• Singapore product crack spreads vs Dubai for naphtha, 95R gasoline, jet-kerosine, 10ppm diesel, 500ppm gasoil, HSFO 180cst, HSFO 380cst
• Refining margins for northwest Europe vs North Sea Dated and Urals; Mediterranean vs Urals and CPC Blend; US Gulf coast vs LLS, WTI, and Mars; Singapore vs Dubai and ESPO Blend

ARGUS Asia-Pacific Products

The Argus Asia-Pacific Products service includes a daily report that publishes prices and commentary on the international bulk spot market for petroleum products in Asia-Pacific.

It is one of the leading services serving the oil industry and is widely used as a reference in the pricing of petroleum products.

Key features

• Petroleum products prices for fuel oil, gas oil, jet, naphtha, and gasoline
• Market-appropriate methodology
• Tender, bid and offer information
• Market commentary
• Historical data
• Spot freight rates
• Crack spreads

Markets covered

• Gasoline prices: 97R, 95R and 92R
• Naphtha prices
• Jet-kerosine prices
• Gasoil prices, including 0.5pc, 0.25pc, 0.05pc, 0.005pc and 0.001pc
• Fuel oil prices: Medium- and high-sulphur fuel oil (HSFO), 180cst and 380cst
• Low-sulphur waxy residue (LSWR) V-1250 prices
• Bunkers and marine fuels, including bunkers 180cst and 380cst, marine gasoil and marine diesel

Argus Global Markets

For vital insight into the latest international oil market developments, look no further than the Argus Global Markets service. Drawing on Argus’ daily oil price reporting expertise, this service features intelligent, independent coverage on derivatives, arbitrage, market fundamentals and global trading.

• Insightful editorials
• Essential news and analysis of the most important oil market developments
• Global crude prices
• Timely, in-depth reports on the fundamentals driving market movements
• Informative futures market coverage
• Argus Netback Model, which calculates netback margins for a range of crudes in northwest Europe, the US Gulf coast and Singapore
• Downloadable market data at your fingertips, from refinery turnarounds, output and maintenance to global oil production, supply-demand balance, crude and products loading schedules, imports, exports and stocks

Markets covered

• Crude marker grades price assessments, including forward North Sea, WTI and Dubai
• Crude spot prices, including North Sea Dated, Brent, Urals, Bonny Light, Forties, WTI, Dubai and Minas
• European, US and Asia-Pacific petroleum products

Argus Fundamentals

The Argus Fundamentals service provides monthly intelligence on crude and refined products supply and demand, both historically and up to two years ahead.

• Two-year forecast for oil supply and demand by key region/country and by key product category
• In-depth analysis of key trends affecting supply and demand, inventories and trade flows

Markets covered

• Demand: Forecast of global demand by product and by key region/country two years ahead
• Historical demand data for US, Europe 5 (UK, France, Germany, Spain, Italy), Japan, India, China, South Korea, Thailand, Australia, Canada, Brazil, Mexico and FSU
• Supply: Forecast of crude output by key Opec and non-Opec producers two years ahead
• Stocks: Crude and product stocks for EU 16, US and Japan, and independent product stocks for Singapore and Amsterdam-Rotterdam-Antwerp
• Trade flows: Oil at sea information, including liftings, arrivals for key regions and stocks

Argus China Petroleum

This service includes in-depth monthly coverage of oil markets in China, the world’s largest net importer of crude. The service provides a data-rich, web-delivered product boasting over 30 datasets, including unique Argus surveys, as well as prices and fundamental data. 

Key features

• Chinese oil and gas demand

• Chinese domestic spot market

• Chinese independent refinery surveys

• Crude imports and exports by country of origin

• Gas production, demand and imports and exports

• Refinery runs and product output by province

• Chinese crude production

• Chinese crude storage capacity and expansion plans

• Chinese refinery expansion and upgrade plans