Crude Oil

Argus crude oil pricing has been entrenched in the world’s global markets since 1970. We report each market the way it trades, using transparent market-appropriate methodologies. Our price assessments have been adopted in a wide range of commercial contracts, official selling prices, internal transfer pricing, tax formulas and economic modelling used by governments and all aspects of upstream, midstream and downstream oil industries.

With US crudes now in demand globally, the intersection between pipeline and seagoing markets at the US Gulf coast is central to global crude pricing. For more than two decades Argus WTI assessments at Midland and Houston have been the standard physical benchmarks for US crude, as well as the settlement indexes for a robust derivatives market.

Our rich, deep and trusted coverage of the global crude oil markets is unrivalled. To make informed business decisions in today’s oil markets, you need Argus.