Forward curves - Americas Crude Oil

Independent market valuation tool to support investment and trading decisions for crude grades across the Americas

Overview Key features Customers that benefit Product specifications Related documents

Overview

The Argus Americas Crude Oil Forward Curves service is a powerful, independent market valuation tool to support investment and trading decisions in crude oil markets across the Americas.

Participants in energy and related commodity markets need to see accurate forward prices from a source without distortion or bias. Our clients act with confidence because our forward curves are built from unbiased and transparent industry-specific methodologies that produce representative market values free from distortion. The Argus Americas Crude Oil Forward Curves service provides deep market insights and data to support precision in your risk management and cost decisions.

Key features

Daily assessments

Daily assessments for 43 crude oil grades and trading locations, providing monthly granularity.

Time-stamped

Time-stamped at 2:30pm EST, in alignment with the Nymex settlement price.

Key differentials

Basis differentials to the Ice Brent crude futures contract and CME Nymex light sweet (WTI).

Five years forward

A minimum of five-year forward curves.

Robust methodology

Independent and transparent market-appropriate methodology.

Delivery options

Receive our forward curve data via data feed, third-party channel partners, our client portal or via email.

Customers that benefit

The Argus Americas Crude Oil Forward Curves is essential for anyone with exposure to Americas crude oil trading. Below are examples of how some clients use this service:

Exploration and production companies
Use our curves services to determine commitments for the coming fiscal year.
Refineries
Use curves to inform hedging decisions when securing crude oil supplies.

Risk managers
Use our forward curves data for unbiased, third-party curve validation against counterparties, for internal valuations and mark-to-market purposes for daily profit and loss assessments.
Traders
Rely on our extensive historical analysis in determining locational and time spread relationships, and use prior-day curves on a daily basis as a reference when entering the market the following morning.

Product specifications

Markets covered

Argus covers 43 Americas crude oil grades and trading locations over the midcontinent, Gulf coast, Canada, Argentina, Colombia, Ecuador and Mexico including:

Canadian

Access Western Blend
Canadian High TAN fob Vancouver
Cold Lake fob Vancouver
Western Canadian Select (WCS): Husky at Hardisty
Syncrude (SYN): Pembina AOSP at Edmonton
Edmonton C5: Enbridge CRW pool at Edmonton
Light Sour Blend (LSB): Enbridge or Westpur at Cromer
Mixed Sweet Blend (MSW): Enbridge at Edmonton
Lloydminster Blend (LLB): Hardisty

Futures markets

ICE Brent crude oil
CME Nymex light sweet crude oil (WTI) futures
CME Nymex light sweet crude oil (WTI) futures calendar month average (CMA)

US Gulf coast

Canadian High TAN Houston
Argus American GulfCoast Select (AGS)
ASCI (Argus Sour Crude Index)
Bakken: Beaumont/Nederland, TX
Bakken: Beaumont/Nederland FOB, TX
Heavy Louisiana Sweet (HLS): Empire, LA
Light Louisiana Sweet (LLS): St. James, LA
LLS financial swap (E5)
Mars: Clovelly, LA
Poseidon: Houma, LA
Southern Green Canyon (SGC): Nederland or Texas City, TX
Thunder Horse: Clovelly, LA
Western Canadian Select (WCS): Houston
West Texas Intermediate (WTI): Houston, TX
West Texas Intermediate (WTI): Houston FOB, TX

US midcontinent

West Texas Sour (WTS): Midland, TX
West Texas Intermediate (WTI): Midland, TX
Bakken: Clearbrook, MN
Western Canadian Select (WCS): Cushing, OK
West Texas Light (WTL): Midland, TX
Bakken DAPL
Bakken Patoka
Bakken Cushing
Guernsey Light Sweet

US west coast

ANS (Alaskan North Slope)

Argentina

Medanito
Escalante

Colombia

Castilla
Vasconia

Ecuador

Napo
Oriente

Mexico

Maya - Americas excluding USWC
Isthmus - Americas excluding USWC
Olmeca - Americas excluding USWC
Zapoteco - Americas excluding USWC

Datasets included

Crude Forwards
Differentials to WTI
Differentials to WTI CMA
Differentials to Brent
Other Crude Differentials

Delivery methods

Email
Excel format
Excel add-in
FTP – CSV file
API – CSV file
Argus Direct client portal
Argus Date Science Studio
Third party channel partners

How clients use our data

We provide a proven and reliable tool for analytical and risk-management processes, including:

Independent evaluations
Mark-to-market (MTM) validation
Value-at-risk (VaR)
Potential future exposure (PFE)
Risk disaggregation
In-house forward positions validation

Argus Forward Curves

We offer a full suite of forward curves across key energy and commodity markets. Support your investment and trading decisions with our powerful, independent market valuation tool.

Find out more

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Argus Americas Crude Oil Forward Curves